Russia

Rusal Plans to be Russia’s Sole Supplier of Aluminium By 2025

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 aluminium needs, Sales Director for Russia and CIS Roman Andryushin told Russian News Agency TASS in an interview published yesterday. Andryushin went...

Events

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 […]

Rusal to Invest US$2 MM in Alumina Refinery in NW Russia

Russian Federation aluminium major UC Rusal announced yesterday that it is preparing to invest US$2 million in modernizing Boksitogorsk Alumina Refinery. The modernization is intended to increase the refinery’s production of corundum. The firm says that the planned expansion of the plant, which is in Boksitogorsk, the administrative center of Boksitogorsky District in far northwestern […]

Rusal Turns In Improved Numbers for Q1

Russia’s UC Rusal reported results for the first quarter of 2016 early Friday, turning in an increase in sales to 957,000 metric tons, which is up from 876,000 metric tons in the previous quarter, an increase of 9.2% quarter-on-quarter. The firm turned in stronger numbers this quarter, largely on account of a drop in production […]