Rusal Bratsk intends to place bonds valued at 15 billion rubles. In particular, the company will place 15 million notes with the nominal value of 1 thousand rubles each. The maturity will be 10 years. (Ukrainian metal)
Three Rusal companies have passed a certification according to the standards of the Aluminium Stewardship Initiative (ASI). The certification will help improve the manufacturing-sales network. Bauxite of Timan, Ural Aluminum Works and Irkut Aluminum Works have successfully passed certification according to ASI Performance Standard and ASI Chain of Custody Standard. Rusal intends to certify all…
Russian aluminum giant UC RUSAL has approved construction of a second stage of its Taishet anode plant, the company said in a statement published on June 21 on the Hong Kong Stock Exchange. The second stage’s launch is scheduled for 2023. RUSAL would need to spend about $90 million on the project in 2019. The…
In 5 years the growth of aluminum and aluminum products manufacture at Rusal could reach 5.26% compared with the current level. “We have a stable output of some 3.8 million tons of aluminum per year. Taking into account pure aluminum, we expect a growth in manufacture. Perhaps by 2023 it will be around 4 million…
Interros holding Russian tycoon Vladimir Potanin and aluminum giant UC RUSAL of tycoon Oleg Deripaska are not discussing any adjustments to the dividend policy of metals giant Norilsk Nickel, a source in Interros reported. “There was a suggestion from Interros, but it did not satisfy some of Norilsk Nickel’s shareholders. The issue is not discussed…
Russian aluminum giant RUSAL plans to finance its 2019 capex of $800-900 million with its own funds, CEO Yevgeny Nikitin declared. “Speaking about capital expenditures of the company in general, we forecast them at the level of the last year, I mean, about $800-900 million. Everything will be financed from our own money, we do…
RUSAL will plant 500 thousand trees in the Irkutsk region, as part of the company’s climate strategy on greenhouse gas absorption. During the St. Petersburg Economic Forum, RUSAL, the Federal Forestry Agency and the Government of the Irkutsk region signed an agreement to implement voluntary eco-friendly projects, which include planting at least 500 thousand trees…
Rusal has obtained a license to develop the Goryachegorskoye deposit of nepheline ores, the main raw materials for Achinsk Alumina Plant. According to the estimates the reserves of the deposit will be enough for the plant to operate for 60 years. Achinsk Plant is the largest enterprise in Russia processing nepheline ore to produce alumina.…
