Russia

En+ Commits To Zero GHG Emissions By 2050

En+ Commits To Zero GHG Emissions By 2050

Anglo-Russian energy and metals company En+ Group IPJSC announced yesterday its intention to reduce its greenhouse gas emissions by at least 35 percent by 2030 and net zero by 2050. The firm’s board of directors signed off on the goal earlier this...

Events

Rusal Inks Agreement With Sberbank On Sustainability Initiatives

Russian Federation aluminium behemoth UC Rusal said yesterday that it has signed an agreement with PJSC Sberbank to collaborate on their Environment, Social and Governance (ESG). The agreement’s ultimate aim is to attain UN Sustainable Development Goals. The announcement was made at the 2020 Russian and CIS Metals and Mining Industry Joint Summit earlier this […]

Rusal Completes Redomiciliation From Jersey To Russian SAR

Russian Federation aluminium giant U.C. Rusal announced yesterday the redomiciliation of its company to Russian soil. Rusal is now a corporate resident of the Oktyabrsky Island Special Administrative Region (SAR), in the Kaliningrad Region. The firm moves its domicile from Jersey, where it was incorporated under the country’s laws of limited liability. Rusal’s Chairman of […]

Lower Sales Volumes Punish Rusal’s Bottom Line In 2020’s First Half

Russian Federation aluminium titan UC Rusal released financial and production results for the first half of 2020 yesterday. Though production was steady, lower prices and lower sales volumes conspired to dent financial numbers in the period. For the opening half of 2020, Rusal smelted 1,867 thousand metric tons of primary aluminium, level on the year […]