Rusal Plans US$190 Million Refit To Sayanogorsk Electrode Production Equipment
Russian Federation aluminium behemoth U. C. Rusal said yesterday it plans to invest about US$190 million to modernize electrode production...
Russia
Rusal Debuts Pilot Program To Produce Aluminium Smelting Pots With Inert Anodes
Russian Federation aluminium titan U.C. Rusal said yesterday it has begun testing operations for a pilot program dedicated to producing industrial electrolytic cells with inert anodes. The pilot program’s new anodes are notable due to their improved design and industry-leading low carbon...
Rusal’s US$1.085-Billion Sustainability-Linked Finance Deal Named Year’s Best By TXF
Russian Federation aluminium titan U. C. Rusal’s US$1.085-billion sustainability-linked finance deal was adjudged the “Russian commodities finance deal of the...
Rusal Begins Production Of Aluminium Alloy Cathodic Protection Anodes
Russian Federation aluminium behemoth U.C. Rusal yesterday announced the commencement of cathodic protection anodes designed for use in the prevention...
Events
Weak Fourth Quarter Drags Rusal’s 2019 Financials Down As Greater Impact From Coronavirus Looms Ahead
Russian Federation aluminium giant U.C. Rusal released financial results for 2019 this week, reporting a sharp increase in net losses during the year’s final quarter. The firm predicted the recent coronavirus outbreak is likely to make a significant impact upon the global aluminium market in the current year’s opening half. Rusal reported an adjusted net […]
Rusal Rebounds From OFAC Sanctions In Q4, But Warns Coronavirus May Sicken The Global Aluminium Trade
Russian aluminium behemoth U.C. Rusal reported results for the final quarter and full year of 2019 yesterday. Though the firm came charging back from OFAC sanctions, Rusal warns that the coronavirus is likely to pose significant challenges to the firm and the wider aluminium market. Rusal’s aluminium production in last year’s closing quarter totaled 949 […]
Rusal To Invest ₽500 Million In Program To Fund 11 Civic Improvement Projects Throughout Russia
Russian Federation aluminium behemoth U.C. Rusal will invest ₽500 million (US$7.9 million) to support eleven infrastructure and recreational programs throughout Russia. Rusal chose the eleven projects as part of a competition last year in which over two dozen urban projects were evaluated by company representatives, subject matter experts, and online poll participants. Almost 20 thousand […]
Rusal Announces ₽5.2 Billion Modernization Push For Sayanogorsk And Khakas Aluminium Smelters
Russian Federation aluminium giant U.C. Rusal announced yesterday a plan to invest ₽5.2 billion (US$83 million) to modernize its aluminium smelters at Sayanogorsk and Khakas. Per the firm, the largest projects associated with this modernization push will involve upgrading the casthouse at Khakas with a new cleaning system for its 10-metric-ton ladles. The improvement will […]
“Unrest” In Guyana Prompts Rusal’s Sudden Exit
Citing unrest and sabotage, Russian Federation aluminium giant U.C. Rusal shut down operations in Guyana yesterday, leaving over 300 employees without a job. In a press release, Rusal said yesterday that several incidents in the recent past have pushed them to the inevitable. “As a result of serious illegitimate actions that have gone beyond the […]
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 businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
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 ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
