Russia

Rusal Partners with ELKA-Cable to Build Cable Plant

Rusal Partners with ELKA-Cable to Build Cable Plant

Russian Federation aluminium major UC Rusal announced last week that it has entered into an agreement with fellow Russian firm ELKA-Cable to build a jointly-owned cable production facility. The firms executed a shareholder’s agreement forming a pact to build what will be...

Events

Rusal Debuts Cleaner, More Efficient Electrolysis Cell

Russian Federation aluminium major UC Rusal announced the activation of a new 550 kA electrolysis cell at at the company’s Sayanogorsk aluminium smelter in eastern Siberia. The new pot, named RA-550, is part of a US$28 million project to develop more modern and energy-efficient pots for smelting aluminium. Design began two years ago and was […]

Ukraine Imposes Sanctions Upon Russia’s Rusal

Russian Federation aluminium major Rusal finds itself the subject of sanctions placed upon it by Ukraine. The world’s second-largest aluminium producer was accused of undermining the country’s national security in a decree handed down by the country’s president Petro Poroshenko. Rusal joins over three hundred other Russian citizens and businesses that are subject to restrictions […]

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 […]