Russia

Ukraine Imposes Sanctions Upon Russia’s Rusal

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...

Events

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 […]

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 mode) Rusal’s first-half aluminium sales increased to 1.915 million metric tons, an increase […]

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 Iron & Steel (Group) Co. Ltd. (‘JISCO’) of China. According to the press release, Rusal will be receiving US$300 million for Alpart, and that the sale is part of Rusal’s efforts to improve the firm’s […]