Russia

Rusal Reports 20.8 Percent Rise In Aluminium Sales During Second Quarter

Rusal Reports 20.8 Percent Rise In Aluminium Sales During Second Quarter

Russian Federation aluminium titan U.C. Rusal released operating results for the second quarter of 2019 on Friday. Production of aluminium and alumina remained essentially level, with sales in the quarter increasing to catch up on a backlog of product trapped in inventory...

Events

Rusal Promoted To AAA Credit Rating By Top Chinese Rating Agency

Russian Federation aluminium giant U.C. Rusal announced yesterday that its credit rating was upgraded to AAA status by a top credit rating agency in the People’s Republic of China. Per the firm, China Chengxin Securities Rating Co., Ltd. boosted Rusal’s credit rating from AA+ and assigned it a Stable outlook due to its improved financial […]

Rusal To Launch “Big Data” Aluminium Production Management Project At Several Siberian Smelters

Russian Federation aluminium giant Rusal announced plans yesterday to incorporate “Big Data” forecast analytics to potroom control systems in several of its aluminium smelters across Siberia. The firm says the ₽20 million (US$317,000) project is a step in its company-wide production efficiency improvement strategy. Rusal says the plan has twin motives – improvement of reduction […]

Trio Of Rusal Plants Win ASI Certifications

Russian Federation aluminium behemoth U.C. Rusal announced yesterday the certification of three of its most prominent sites by the Aluminium Stewardship Initiative (ASI). Per the firm, bauxite mine JSC Boksit Timana, alumina refinery RUSAL Kamensk-Uralskiy, and a branch of PJSC RUSAL Bratsk in Shelekhov, which is engaged in aluminium smelting, casthouse and alloys production, received […]

Spat Over Aluminium And Steel Tariffs Between U.S. And Russia Not Likely To Be Resolved This Year: Russia’s Economic Minister

The ongoing conflict between Moscow and Washington, D.C. over tariffs on aluminium and steel is not likely to come to a friendly conclusion by year’s end. Such was the message expressed yesterday by a representative of the Russian government. In comments to Russian news agency TASS, Economic Development Minister Maxim Oreshkin that litigation over the […]