Russia

Rusal Names New Export Sales Director

Rusal Names New Export Sales Director

Russian Federation aluminium major UC Rusal announced yesterday that it has appointed Bob Katsiouleris as its new Export Sales Director. Katsiouleris is to begin in his new role on Tuesday. Katsiouleris will be in charge of carrying out the firm’s regional strategies,...

Events

Rusal Receives First-Ever Moody’s Ratings

Russian aluminium giant UC Rusal announced yesterday that it has been assigned its first-ever corporate family rating (CFR) and probability of default rating (PDR) from Moody’s Investors Service, assigning it a Ba3 and Ba3-PD, respectively. “The assignment of the Ba3 rating by Moody’s, one of the most renowned international rating agencies with worldwide recognition, serves […]

Aluminium Prices Stable for First Time in Five Years: Rusal

The aluminium market will plateau at between US$1,600 and US$1,700 per metric ton if stockpiles continue to empty, demand continues to increase, and production from the People’s Republic of China does not ramp up production. This is the opinion of Russian Federation aluminium major Rusal, as stated to Reuters Russia Investment Summit in Moscow by […]

Rusal Announces Pair of Senior Appointments in Aluminium Division

Russian Federation aluminium giant UC Rusal announced two senior staff appointments to its Aluminium Division yesterday. The firm announced the appointment of Oleg Buts to the position of Managing Director of the Irkutsk Aluminium Smelter (IrkAZ) in southern Siberia. Buts is replacing Evgeny Kuriyanov, who has been named the Managing Director of the Krasnoyarsk Aluminium […]

Improved Demand and Better Cost Controls Boost Rusal’s Second Quarter Numbers

Russian aluminium major UC Rusal released second quarter 2016 results on August 25. Numbers for the just-ended quarter show a ten-percent jump in profits thanks in part to global increased demand for aluminium. The firm reported an adjusted EBITDA of US$344 million for the quarter, a 10.3% increase over Q1. Recurring net profit increased to […]

Rusal Produces First Batch of Scandium Oxide

Russian aluminium giant UC Rusal announced yesterday that it had for the first time produced scandium oxide at a concentration exceeding 99%. According to the firm, the achievement occurred at its smelter in the Ural mountains known as UAZ. Rusal previously installed and launched a pilot unit that was designed to process scandium concentrate into […]