The representatives of the new owner of Nikolaev Alumina Works – Glencore – have promised to comply with the current contracts and keep jobs. “Glencore representatives arrived at the plant. They were shown around the enterprise and hold negotiations with the management. Glencore has confirmed that the transition period will last for some 6 months”,…
The general manager of Nikolaev Alumina Works Dmitry Mirny has informed the employees of the change of the owner: the Swiss Glencore buys the plant from Rusal. “We expect a visit of Glencore specialists soon. According to our information, Rusal is negotiating retaining alumina supplies with Glencore”, he said. “All the rights of the employees…
The main owner of Rusal Oleg Deripaska will retain control over Nikolaev Aluminum Works, which it has sold to Glencore. Deripaska’s En+ Group concluded a non-binding agreement with Glencore to exchange the Swiss corporation 8.75% of Rusal shares (through Amokenga Holdings Ltd) for En+ shares (owns 48.13% in Rusal). The parties agreed that Glencore would…
In 2016 Nikolaev Alumina Works produced 1.51 million tons of alumina, up by 2% YoY. In Q4 2016 the company produced 407 thousand tons of alumina, up by 12.3% QoQ. Under the project to increase alumina output to 1.7 million tons the works invested $7 million in 2016. This year NGZ intends to keep increasing…
In Q3 Nikolaev Alumina Works, a part of Rusal, produced 363 thousand tons of alumina, down by 1.9% QoQ. Alumina output in January-September totaled 1.1 million tons, up by 0.9% YoY. Rusal’s Russian aluminum plants decreased alumina production, while its foreign assets increased. The total alumina output in Q3 reached 1.86 million tons, and 5.58…
Nikolaev Alumina Works has successfully passed quality management, environment management, labor and industrial safety audits according to international standards. The audit was carried out by DNV GL. “The company shows good development rates, – said a DNV GL auditor Olga Lavrentieva. – It optimizes its inner processes: decreases all kinds of expenses, finds out and…
In 2015 Nikolaev Alumina Works produced 1.48 million tons of alumina, up by 1.8% YoY. According to the company statement, its main goal last year was to optimize the prime cost of alumina to reach competitiveness under unstable aluminum and energy resources prices. The prime cost was decreased by 17% YoY. (Ukrainian metal)
Nikolaev Alumina Works has received unique equipment for continuous removal of large particles from slurry that comes from bauxite mills. “This equipment will let us divide blow-off slurry into production slurry and sand, thus increasing the effectiveness of our manufacturing process. We would also be able to process high-quality Hawaiian and Brazilian bauxites, as well…