It’s reported that US Rusal's value has dropped by 45.3% since the beginning of 2013 and the Russian light metal giant has announced that it intends to cut costs by re-organizing its Volkhov plant and freezing production at three ...
Tags: Production Capacity
UC RUSAL the world’s largest aluminium producer, announced that the Company has been ranked among the top five businesses with one of the most transparent procurement system according to the National Procurement Transparency Rating ...
Tags: RUSAL, aluminium producer, transparent procurement system, 2012
UC RUSAL the world’s largest aluminium producer, announced the signing of the Annex to the Agreement with the Republic of Guinea specifying details of the development of Dian-Dian, the world’s largest bauxite deposit, with the ...
Tags: aluminium, Annex, Republic of Guinea, company news
Reuters reported that the departing chief executive of Norilsk Nickel, the Russian mining giant undergoing an ownership shakeup, will receive a USD 100 million severance deal. Two sources close to the company's shareholders said that ...
Tags: mining giant, mining, nickel, palladium, Norilsk Nickel, CEO
Interfax reported that Russian Aluminum or Rusal and OJSC Rosenergoatom have signed a two year agreement on the supply of electric power at a price of three cents per kWh. A joint statement issued by the companies said that the contract ...
Tags: Rosenergoatom ink, Aluminum, Nuclear Power, Power supply
Modernization and upgrade of existing facilities 1.The Company continued a major modernization program of its foundries across its Russian aluminium smelters in order to increase the production of value added products.The share of VAP ...
Tags: aluminium smelters, Key Highlights, aluminium production, smelter
Marketwire reported that Russian aluminum producer United Co Rusal PLC along with billionaire Vladimir Potanin, agreed to sell their shares in Norilsk Nickel to tycoon Roman Abramovich for USD 1.49 billion. The latest announcement marks a ...
Tags: aluminum, Metallurgy
RIA Novosti reported that Russian billionaire Roman Abramovich is buying a stake in mining and metals giant Norilsk Nickel to end a long-standing shareholder dispute over the company's corporate management. This follows an agreement ...
Tags: nickel, stock market news, buy stainless steel, mining
Mr Phillip Paulwell Minister of Science, Technology, Energy and Mining is confident that the Alpart bauxite and alumina plant at Nain, St Elizabeth, will re open soon, as discussions with U C Rusal, the majority share holders and operators ...
Tags: energy and mining, bauxite, alumina, U C Rusal
Russian billionaire Vladimir Potanin and aluminum giant Rusal will settle their disputes over ownership rights in the world’s largest nickel producer, GMK Norilsk Nickel in a London arbitration proceeding, Bloomberg reported Friday, ...
Tags: dispute, nickel producer, hearings
UC RUSAL announced signing MOU with Shandong Xinfa Group, one of China's largest private aluminium companies, detailing the study of future possible cooperation areas including JV in the aluminium industry. The Memorandum was signed at ...
Tags: aluminium industry, aluminium smelting, alumina, Shandong Xinfa Group
RAPSI reported that the East Siberian District Federal Commercial Court has ruled to suspend the execution of the ruling to grant Rusal Investment Management documents and information about Norilsk Nickel's activities, the court told the ...
Tags: Norilsk Nickel's application, Russian Legal Information Agency
TOI reported that aluminium industry in the world is set to undergo a revolution. The industry can now hope for much cheaper and environment friendly technology. Orbite Aluminae Incorporated a private company in Canada has developed a new ...
RUSAL plans to increase bauxite production in 2013 while commencing work on a new deposit.Officials of the company made the disclosure to President Mr Donald Ramotar during a meeting at the Office of The President. The meeting was held ...
Effort by the Federal Government to comply with the Supreme Court ruling ceding the management of the Aluminium Smelter Company of Nigeria, ALSCON, in Ikot Abasi, Akwa Ibom State to its rightful buyers, BFIG Corporation has been rebuffed by ...
Tags: aluminium, ruling ceding, ALSCON, Russian Aluminium