News. Russian non-ferrous metallurgy news

En+ FY 2024 financial results

EN+ GROUP, a global leader in low-carbon aluminium production and renewables, announces its financial and operational results for the year ended 31 December 2024 (FY 2024). More details
26 March 2025., 12:11   comment

Seligdar completed over 60% of total amount of work at gold plant of Khvoyny project

Polymetallic Holding Group Seligdar (hereinafter referred to as the Holding Group, Seligdar; MOEX: SELG) is on track with the works on construction of the gold processing plant within the Khvoyny project. Currently, more than 85% of metal structures, 76% of sandwich panels and 60% of roofing structures have been installed, and 98% of the foundations for all future production facilities have been completed. The overall readiness of the facility reached 60%. Earlier, with coming of the cold weather, ...
25 March 2025., 12:01   comment

Russia remains key aluminum supplier to South Korea

According to an analysis by RIA Novosti based on data from South Korean customs, Russia retained its position as the leading supplier of aluminum to South Korea in February, marking the fifth consecutive month of dominance. This trend was last observed in 2012. At the end of winter, South Korea imported 37.6 thousand tons of raw aluminum from Russia, totaling $105.5 million in value. Year-over-year, supply volumes surged by nearly 40% in physical terms and 1.7 times in monetary terms. Thus, ...
25 March 2025., 09:58   comment

Nornickel plans to launch joint venture for copper mining

On the sidelines of the Russian Union of Industrialists and Entrepreneurs Congress held in Moscow last week, Nornickel’s President Vladimir Potanin informed journalists that agreements with Chinese partners to establish a joint venture for copper mining are expected to be finalized shortly. Mr. Potanin noted that the process is underway, but discussing details would be premature. The company has secured government support for its strategic development concept, which includes cooperation with ...
25 March 2025., 09:44   comment

RUSAL pioneers an eco-friendly petroleum pitch in aluminum production

For the first time in the industry’s history, RUSAL is transitioning its aluminum production to industrial-scale use of anodes made with eco-friendly petroleum pitch. Globally, aluminum production has traditionally relied on coal tar pitch for anodes, and the large-scale use of petroleum pitch—which significantly reduces harmful emissions—was previously deemed unfeasible. RUSAL has invested approximately 100 million rubles in research and development of this innovative petroleum pitch. The entire ...
24 March 2025., 14:00   comment

Russia has potential for zinc consumption

Vladislav Polkin, CEO of the National Coordination Center for Zinc Development (NKC), spoke at the 20th International Conference " Galvanized and Coated Steel: Production and Consumption Trends ," organized by the “Metal Supply and Sales” Magazine, about trends in the global and Russian zinc markets. The speaker noted a positive trend in the global economy, including in Russia, where economic indicators for the past year appear quite successful. Globally, the end-use consumption of zinc is distributed ...
24 March 2025., 10:26   comment

Nornickel and Krastsvetmet have presented glass feeders with palladium to Chinese fiber glass producers

Nornickel is the world’s largest palladium supplier, and Krastsvetmet, is one of the world’s leading producers of precious metals and related products, showcased a new glass feeders technology with palladium alloy in Shanghai. This innovation is expected to significantly reduce ownership and maintenance costs for fiberglass producers. The presentation supported by the China Precious Metals Industry Committee (CPMIC), brought together key industry players, including the China Forging Industry ...
21 March 2025., 13:24   comment

Sales mission of “Moskabel Plant” in Azerbaijan

“Moskabel Plant” has participated in sales mission in Baku – the capital of the Republic of Azerbaijan. The aim of the event was an enhancement of business cooperation and promotion of Russian production on the foreign market. The event has gathered Moscow major companies from the various sectors of the economy. Sales mission has become significant platform for strengthening of trade and economic relations between Russia and Azerbaijan. The country is chosen for its strategic location, developing ...
20 March 2025., 14:14   comment

Technological support is needed for the development of rare earth metal deposits

"Most rare earth metal (REM) deposits in Russia are understudied, and their development could benefit from technological support from foreign partners," said Vladimir Potanin, Head of Nornickel, in a statement to journalists. "I believe that since these projects are complex, technological support from various partners would be beneficial," He replied to the questions about the cooperation with foreign partners in the development of these resources. Russian Federation plans to reduce its reliance ...
20 March 2025., 10:03   comment

Nornickel has become the leader of mining and metallurgical industries according to RAEX rating agency

The RAEX rating agency has published the ESG ranking, based on data analysis of 144 companies for the end of 2024. Nornickel has become the leader of mining and metallurgical industries. ESG-ranking assesses an efficiency of implementation and adherence to green practices development. Leader in the environmentally friendly practices Nornickel earned 81,5 points (the industry average is — 59,25, upon ranking— 33,52). Leading positions have provided: Efficient management of environmental risks; ...
19 March 2025., 10:00   comment

Rusal announces results for the year ended 31 December 2024

RUSAL is a leading company in the global aluminium industry and the world’s largest producer of low-carbon aluminium. The Company has its own resource base and carries out the entire production cycle, from extraction of bauxite to the production of high value-added products, which ensures maximum control over product quality at all processing stages. A leading global aluminium producer, announces its results for the year ended 31 December 2024.
17 March 2025., 12:56   comment

RUSAL launches production of rare-earth metal scandium

RUSAL, one of the world's largest aluminium producers, is setting up a pilot production facility for scandium oxide with an annual capacity of 1.5 tonnes. Scandium is a valuable rare earth metal, and RUSAL was the first in the world to develop and implement aluminium-scandium alloys. These alloys are used in the production of ultra-lightweight components for civil shipbuilding, railway car manufacturing, and 3D printing of high-tech prosthetics. The total global production of scandium oxide ...
03 March 2025., 13:00   comment

RUSAL Receives Highest ESG Ranking from China's Leading Agency

RUSAL, one of the world's largest aluminum producers, received an ESG ranking from the Chinese rating agency China Chengxin Green Finance Technology (CCXGF). The agency has assigned RUSAL the highest-category ranking of "A-". The expert assessment was made based on 17 key indicators of the Company’s environmental, social and corporate governance performance. "China is a high-potential market with a growing demand for low-carbon footprint products. An independent assessment of RUSAL's operational ...
21 February 2025., 11:36   comment

Nornickel announces consolidated production results for 2024

Nornickel, the world’s largest producer of palladium and Class I nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the fourth quarter and the full year 2024 and production outlook for the full year 2025. Senior Vice-President — Operating Director, Alexander Popov commented on the production results, “In 2024, the output of all key metals exceeded our production guidance as a result of improved operating efficiency. In 2024, the Company ...
29 January 2025., 12:38   comment

RUSAL develops AI Technology for container control

RUSAL, one of the world’s largest aluminium producers, has developed an artificial intelligence-based technology for container control. This innovation significantly reduces the time required to dispatch containers from the terminal for loading with finished products. The technology, developed by RUSAL’s Engineering Department, is currently being tested at one of the container terminals at the Krasnoyarsk Aluminium Smelter (KrAZ). It involves creating a virtual twin of the terminal, where machine ...
18 December 2024., 08:25   comment

Nornickel updates policy to strengthen ties with indigenous communities

Nornickel’s Board of Directors approved an updated policy for engaging with indigenous peoples. Developed with input from independent experts and through consultations with indigenous communities and associations, the new policy integrates international standards, United Nations guidelines, and best practices. It outlines procedures for interaction, due diligence measures, and emphasizes the UN-backed principle of free, prior, and informed consent. The policy acknowledges the vulnerability of ...
10 September 2024., 09:05   comment

Metal-Expo'2024 showcases products and solutions from leading non-ferrous metallurgy companies

This year, within the framework of the 30th International Industrial Exhibition Metal-Expo'2024 , the organisers have successfully brought together a number of companies from the non-ferrous metals sector in a single exhibition space. A separate pavilion (No. 8, Hall No. 1) at Expocentre Fairgrounds at Krasnaya Presnya will host leading producers of aluminium, copper, titanium, zinc and non-ferrous metal alloys from 29 October to 1 November. VSMPO-AVISMA Corporation, a leading producer of titanium ...
10 September 2024., 09:02   comment

Nornickel announces Consolidated Production Results for 1Q 2024

Nornickel, the world’s largest producer of palladium and Class I nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the first quarter of 2024 and full year 2024 production outlook. In 1Q 2024, the Company increased the output of palladium and copper as compared to the same period of last year. The temporary decrease in nickel production was attributed to accumulation of work-in-progress inventory, which will be processed in the second ...
21 May 2024., 14:38   comment

Nornickel announces stock split

Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces stock split. As a result of this operation one share is converted into 100 shares of the same category. Earlier, an Extraordinary General Meeting of Shareholders (EGM) approved the decision to split the Company’s ordinary shares at a ratio of 100. The shares have been converted on April 4, 2024 in accordance the records in accounts opened by the registrar responsible ...
23 April 2024., 14:21   comment