Russian aluminium smelters

Russia Warns That Transitioning To Renewables Too Quickly May Spike Aluminium Prices

Russia Warns That Transitioning To Renewables Too Quickly May Spike Aluminium Prices

The Russian Federation is amenable to switching its power sources to renewables, but any such transition will be gradual so as not to spike power prices and, by extension, the industries that rely upon them heavily, including aluminium smelting. Such was the...

Events

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 on to say that Rusal expects domestic aluminium consumption to increase in the […]

Rusal to Keep Once-Doomed Plants Open if Current Market Holds: CEO Soloviev

Russian aluminium giant UC Rusal is not planning to close two of its plants thanks to the recent rebound in the metal’s prices, according to remarks made by CEO Vladislav Soloviev to Russian News Agency TASS. However, Soloviev did not rule out the possibility of closing plants in the event that the price falls below […]

Global aluminium smelters’ production costs on decline

Production costs for smelters are highly dependent on the global economic environment, which affects oil prices, and the prices of other commodities, including those that create smelters’ input costs. For instance, during the global economic crisis in 2009, production costs for aluminium smelters decreased between 30 and 40% compared to the record high costs in […]