Tag Archive | "rusal"

Russia’s RUSAL Q2 net returns to black

Wednesday, September 1, 2010

On Tuesday, Russia's United Company RUSAL (HKG:0486), the world's top aluminium producer, reported that it returned to the black in the second quarter, thanks to higher output and better prices of the lightweight metal.

Aluminum Price Rises Despite Record Stockpiles

Monday, May 3, 2010

Aluminum is defying logic when it comes to basic economics. Spot aluminum premiums have climbed to their highest price in nearly five years, in the face of mounting warehouse stockpiles.

RUSAL will not expand aluminum output till mid 2011

Tuesday, July 21, 2009

United Company RUSAL declared that it will not expand aluminum production till mid 2011 when it plans to start first capacities at Tayshet and Boguchany Aluminum Plants expecting the supply demand balance in the international market will recover. For full story, click here

Rusal will cut aluminum output at Guinean Plant in July

Thursday, June 25, 2009

United Co. Rusal, the Russian aluminum producer controlled by billionaire Oleg Deripaska, declared that it will cut alumina production at its Friguia plant in Guinea by “more than 50 percent” next month. For full story, click here

Rusal declared further cuts in output are not allowed

Friday, May 15, 2009

Russian aluminum producer United Co. Rusal declared that it doesn’t need to deepen output cuts if aluminum prices stay above $1,400 a metric ton, but said prices aren’t expected to recover significantly until 2011. For full story, click here

Rusal posted 7.2% dip in Q1 aluminum output

Tuesday, April 21, 2009

Russian aluminum giant Rusal declared that its primary aluminum output had dipped 7.2% year-on-year in January-March to 1 million metric tons. For full story, click here

Rusal forecasts aluminum upside in 2011

Wednesday, April 1, 2009

United Company Rusal reported that aluminum prices were bottoming out and that a very crucial recovery was expected in 2011. For full story, click here

Rusal says aluminum prices will rise on spending and output cuts

Thursday, March 26, 2009

Rusal, the world’s largest aluminum producer declared that prices for the metal will surge next year as China’s economy grows and as Western governments use monetary policy and spending to stimulate demand. Mr Artem Volynets Moscow based Rusal’s director of corporate strategy said: I think we will emerge a very different company in two or [...]

Onexim raised stake in Rusal to 18.5%

Monday, March 23, 2009

Onexim Group, owned by Russian oligarch Mikhail Prokhorov, has increased its stake in United Co Rusal to 18.5% after turning $2 billion of the aluminium producer’s debt to his company into equity. For full story, click here

Rusal won a temporary reprive on debt payments

Wednesday, March 11, 2009

Russia’s heavily indebted aluminum producer, Rusal announced that it has won a temporary reprieve on its debt repayments, after foreign lenders agreed to grant it a two-month extension on US$7.4 billion in loans. The company officials stated: UC Rusal has signed a standstill agreement in relation to the restructuring of its debt to the international [...]

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