Rusal Moves Forward With Spin-Off Of High-Carbon Aluminium And Alumina Assets
Russian aluminium behemoth UC Rusal announced this week that it has received approval to demerge its assets into a higher-carbon...
Russia
Rusal And KUMZ Begin Commercial Production Of New Aluminium-Scandium Alloy
Russian aluminium giant UC Rusal announced this week the launch of several new products in conjunction with KUMZ made from grade 1581 aluminium-magnesium-scandium alloy, including rolled and pressed semi-finished products. Rusal is producing the new aluminium alloy products at its Krasnoyarsk aluminium...
Rusal Among First To Contribute Aluminium Sustainability Data To LMEpassport
Russian aluminium titan UC Rusal released sustainability data this week into the London Metal Exchange’s new low-carbon platform LMEpassport, making...
Rusal And TransContainer Team Up On Sustainable Aluminium Logistics Solutions
Russian aluminium behemoth UC Rusal and DELO Group’s PJSC TransContainer announced an agreement to cooperate on a new low-carbon logistics...
Events
Moscow In Talks With Aluminium Firms On New Mineral Extraction Tax
Several sources with knowledge of the situation told Reuters this week that talks between the Russian government and producers of aluminium and other metals and fertilizers have yet to yield a consensus on how best to implement Moscow’s new tax structure on the commodities. Half a dozen separate sources told the wire service said that […]
Russian Maritime Register Of Shipping Adds Rusal’s Aluminium-Scandium Alloy
Russian aluminium titan UC Rusal announced earlier this week the inclusion of an aluminium-scandium alloy it developed into the Russian Maritime Register of Shipping. This month the Russian Maritime Register of Shipping made the decision to add Rusal’s aluminium-scandium alloy 1581 (Al-Mg-Sс) to its Rules for the Classification and Construction of Sea-Going Ships and the […]
Rusal Repays ₽27 Billion In Corporate Debt Ahead Of Schedule
Russian aluminium giant UC Rusal announced last week the repayment of ₽27 billion (US$371 million) in indebtedness on a 2010 loan. Rusal took out the loan eleven years ago from Sberbank. The loan’s principal had elements in both US dollars and Russian rubles, now totaling US$2.1 billion and ₽79.5 billion after the recent repayment. Amortization […]
Rusal To Begin Voluntary Compliance Reporting On Clean Air Activities
Russian aluminium behemoth UC Rusal is marking the International Day of Clean Air for Blue Skies by announcing a new voluntary report to be produced by the firm on its participation in Russia’s “Clean Air” initiative. Rusal says the report will be a detailed breakdown of its progress on efforts related to the Clean Air […]
Rusal Rides Stronger Aluminium Market To Better Bottom Line In 2021’s First Half
Russian aluminium giant UC Rusal released results for the first half of 2021 last week. Higher sales and a stronger aluminium market helped buoy the firm’s numbers in the year’s first six months. Production for the first half was identical on the half and on the year at 1,868 thousand metric tons. Alumina production rose […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
