Russia

Rusal Rebounds From OFAC Sanctions In Q4, But Warns Coronavirus May Sicken The Global Aluminium Trade

Rusal Rebounds From OFAC Sanctions In Q4, But Warns Coronavirus May Sicken The Global Aluminium Trade

Russian aluminium behemoth U.C. Rusal reported results for the final quarter and full year of 2019 yesterday. Though the firm came charging back from OFAC sanctions, Rusal warns that the coronavirus is likely to pose significant challenges to the firm and the...

Events

Rusal Invests ₽600 Million On Eco-Friendly Capacity Increase Of Volgograd Aluminium Smelter’s Coke-Calcining Kiln

Russian aluminium behemoth U.C. Rusal said yesterday it has invested ₽600 million (US$9.45 million) to carry out an eco-friendly modernization of Volgograd aluminium smelter’s (VgAZ) coke-calcining kiln. According to Rusal, the modernization boosted the kiln’s output capacity by between 3 and 4 metric tons per hour to a new total of 12 metric tons per […]

Weak Aluminium Prices At LME Take Toll On Rusal Bottom Line In Q3

Russian Federation aluminium behemoth U.C. Rusal released financial results for the third quarter and opening nine months of 2019 on Friday. Though production was generally level or better compared to prior periods, a decrease in aluminium prices teamed up with a reduction in value-added products sales to weigh down financial numbers for both periods. For […]

Rusal To Place ₽15 Billion Bond On Moscow Exchange

Russian Federation aluminium titan U.C. Rusal closed the bookbuilding process for this year’s fourth placement of a ruble-denominated bond on the Moscow Exchange earlier this week. The bond in question has a total nominal value of ₽15 billion and features a 10-year maturity and a 3-year put option. Originally offered with a coupon rate of […]

Rusal To Install Over 20 New Dry Gas Cleaning Systems Across Several Smelters

Russian Federation aluminium titan U.C. Rusal announced on Thursday a pledge to install more than a score of cutting-edge dry gas cleaning systems (DGCS) on aluminium smelters run by the company over the coming five years. The firm says the DGCS project to retrofit smelters with DGCS units it developed in-house was initiated in 2016. […]

Rusal Inks US$1.085 Billion Sustainability-Linked Pre-Export Finance Facility

Russian Federation aluminium giant U.C. Rusal announced yesterday the signing of a five-year, US$1.085-billion sustainability-linked pre-export finance facility, the first of its kind ever arranged by domestic and international banks in Russia. Per the firm, the facility grew from the originally-announced amount of US$750 million due to market support for its low-carbon and green aluminium […]