JISCO Acquires Alpart from Rusal for US$299 MM
Russian aluminium major UC Rusal announced yesterday that it has agreed to sell Alumina Partners of Jamaica (Alpart) to Jiuquan...
Russia
Rusal’s Aluminium Sales Volume Jumps 5% in First Half of 2016
Russian Federation aluminium major UC Rusal announced second quarter 2016 results yesterday, showing a five percent bump in aluminium sales in the first half of the year, thanks largely due to the firm’s opening of its Boguchansky smelter (currently operating in test...
Rusal Plans to be Russia’s Sole Supplier of Aluminium By 2025
Russian Federation aluminium major Rusal has set its sights on being the sole supplier of the entirety of the country’s...
Rusal Announces Partnership with Chinese Firm to Produce Aluminium-Alloy Cable
Russian aluminium giant UC Rusal announced yesterday that it has entered into an agreement with Chinese aluminium alloy cable firm...
Events
Rusal to Cut Carbon Emissions, Increase Value-Added Output, and Transition to Alloys: CEO
The Russian Federation aluminium smelter United Company RUSAL is planning to spend between US$600 million to US$700 million each year until the end of the decade to increase output capacity of higher value-added aluminium alloy products in an effort to enhance profits in a market with superfluous smelting capacity. In addition, Rusal is planning to […]
Rusal to Keep Once-Doomed Plants Open if Current Market Holds: CEO Soloviev
Russian aluminium giant UC Rusal is not planning to close two of its plants thanks to the recent rebound in the metal’s prices, according to remarks made by CEO Vladislav Soloviev to Russian News Agency TASS. However, Soloviev did not rule out the possibility of closing plants in the event that the price falls below […]
Rusal Signs Letter of Intent with Maersk Line
Russian aluminium major UC Rusal announced this week that it has signed a three-year letter of intent with Danish transportation company A.P. Møller–Maersk Group (“Maersk Line”). According to Rusal, the letter of intent specifies that the two firms have agreed to a long-term cooperative relationship with regard to cargo container shipments of Rusal’s product via […]
Rusal Wins Aluminium Industry Leadership Award
Moscow’s UC Rusal announced yesterday that it was named The Industry Leader in Aluminium at the 2016 Platts Global Metals Awards. The awards were presented at a black-tie gala attracting metals industry leaders from around the world on Thursday, May 19 at Marriott Grosvenor Square in London, England. Rusal was chosen as a recipient of […]
Rusal’s First Quarter Numbers an Overall Improvement Over Q4 2015
Russian aluminium major UC Rusal reported financial results from this year’s first quarter yesterday. The firm’s results are an improvement over the previous quarter, thanks largely to lower overall cash costs and more positive market trends in the quarter. Rusal’s overall revenue for the quarter was US$1,914 million, down from Q1 2015’s US$2,477 million, but […]
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to dizzying heights with every new estimate. Among the brighter stars in the consumption constellation continues to be that of electric vehicles. As ...
Alumina Market Update: Surplus Of Alumina, Lower Prices Expected In 2019
2018 was a turbulent year for both the alumina market and the price, signified by the fact that spot price ...
Leaders Emerge In The Aluminium Industry’s Race To Zero Carbon
One of the aluminium industry’s major goals continues to be the production of metal in a manner that emits the ...
Aluminium Market Update: Why Are Aluminium Prices Lagging Behind Other Base Metals?
Base metals prices have recovered significantly since January’s lows after news that the US and China are inching closer to ...
