The State Property Fund and Russia’s Russian Aluminum has signed a memorandum on agreed actions to support the activities of Zaporizhia Aluminum Plant and an annex to the agreement on the sale and purchase of Mykolaiv Alumina Plant Ltd. For full story, click here
Russian state-controlled hydro power monopoly RusHydro sees entering aluminum production by constructing new smelters in Russia as its strategy for the future. Chief Executive Vasily Zubakin stated: Our strategic target is to export electricity in the form of aluminum. For full story, click here
Alcoa Russia’s Samara Plant today commissioned a new state-of-the-art coating line for production of high-quality coated sheet used in the packaging market for aluminum soft drink and beer cans as well as serving the building and construction markets. For full story, click here
Russia exported 1.138 million tons of aluminum to the CIS during the first 4 months dipped by 17%YoY than the same period in 2008. For full story, click here
Russia exported 1.138 million tons of aluminum to the CIS during the first 4 months dip by 17%YoY than the same period in 2008. For full story, click here
Metalinfo declared that for the first time in history the meeting of the board of directors of the International Aluminum Institute was held in Russia last month. For full story, click here
The Russian aluminum processing company, the Kamensk Uralsky Metallurgical Works now has the first fully hydraulic hot rolling mill in Russia. For full story, click here
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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