En+ Group

Deripaska Acquitted Of Contempt Charges By London Court

Deripaska Acquitted Of Contempt Charges By London Court

Controversial Russian aluminium magnate Oleg Deripaska was acquitted of a contempt of court charge in a British court last week, ending a chapter in a legal fight with a former business associate. The London High Court ruled on Wednesday that former Russian...

Events

Rusal Pushes Back Against Rio Tinto’s Takeover Of Queensland Alumina

Russian aluminium firm UC Rusal fired back at its partner at Queensland Alumina Ltd., Anglo-Australian mining giant Rio Tinto Group after the latter stepped in and took control of Rusal’s 20-percent share of the operation earlier this month. Citing sanctions against Russia for its invasion of Ukraine and specifically a ban on alumina exports to […]

Glencore Mulling Sale Of Its Share In Rusal’s Parent Company En+ Group

Anglo-Swiss metals miner Glencore plc announced earlier this week that it is conducting a review of all of its business dealings with Russian firms, including the equity stakes it has in Russian aluminium giant UC Rusal’s parent company En+ Group. Glencore currently has a 10.5-percent share in Rusal’s parent company. However, the firm downplayed its […]

Rusal Moves Forward With Spin-Off Of High-Carbon Aluminium And Alumina Assets

Russian aluminium behemoth UC Rusal announced this week that it has received approval to demerge its assets into a higher-carbon company. Rusal obtained approval for the move from its two primary shareholders, namely En+ Group and SUAL Partners. The move was announced in May, and it will yield two separate businesses with unique strategies. Rusal’s […]

En+ Teams Up With V&A Design Museum On Sustainable Aluminium Art Exhibit

Russian aluminium giant UC Rusal’s parent company En+ Group is teaming up with major art and design museum the V&A to produce an immersive design pavilion featuring aluminium for the London Design Festival. The exhibit, dubbed “Between Forests and Skies,” is made from Rusal’s low-carbon aluminium product produced using its proprietary inert anode technology. The […]