News. Russian non-ferrous metallurgy news

RUSAL to plant 500 thousand trees in the Irkutsk region

RUSAL (486 Hong Kong, RUAL Moscow Exchange), one of the largest aluminium producers in the world, 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 on an area of 125 hectares in the Kirovskoye ...
06 July 2019., 14:54   comment

RUSAL Announces 1st Quarter Operating Results

Moscow, 30 April 2019 – RUSAL, a leading global aluminium producer, announces its operating results for the first quarter 2019 (“1Q19”). Key highlights Aluminium Aluminium production in 1Q19 totaled 928 thousand tonnes (-1.6% quarter-on-quarter (“QoQ”)), with Siberian smelters representing 93% of total aluminium output; In 1Q19, aluminium sales amounted to 896 thousand tonnes. In 1Q19 sales of value added products (VAP3) decreased to 259 thousand tonnes (-22.2% QoQ). This period was significantly ...
05 August 2019., 12:08   comment

RUSAL and Braidy Industries will construct a green field aluminium rolling mill in Ashland, Kentucky

RUSAL and Braidy Industries Inc., a US-based holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and technology company, announced an intent to establish a joint project in Ashland, Kentucky, USA to produce flat rolled aluminium products for the US automotive industry. The design capacity of the rolling mill will amount to 500 thousand tons of hot rolled band and 300 thousand tons of fully ...
19 April 2019., 15:12   comment

RUSAL and Tiocomposite test production technique for sulphur concrete using red mud

RUSAL (stock code at the Hong Kong Stock Exchange: 486, at the Moscow Exchange: RUAL), one of the world's largest aluminium producers, and Tiocomposite signed a memorandum of intent to set test production of sulphur polymer concrete using alumina production waste in the Republic of Tatarstan, Russia. The details of the economic and organisational conditions of the project, as well as its location, are expected to be agreed upon in 2019. In 2017, RUSAL initiated R&D to explore opportunities for ...
04 March 2019., 12:35   comment

RUSAL and the Ministry of Health of the Russian Federation announce completion of the vaccination against Ebola with a Russian vaccine

UC RUSAL together with the Ministry of Health of the Russian Federation, announced the completion of the vaccination against the Ebola virus in the Republic of Guinea. Two thousand people have received the GamEvac-Combi vaccines during the testing programme conducted in Guinea at the Scientific Diagnostic Centre for Epidemiology and Microbiology (SDCEM). The centre was an initiative of Oleg Deripaska’s and was built by RUSAL during the height of the Ebola epidemic in 2015. GamEvac-Combi vaccine ...
26 December 2018., 12:27   comment

UMMC signs debut EUR100m PXF syndicated loan

Ural Mining Metallurgical Company (UMMC), one of the top Russian producers of copper, zinc and other precious metals in Russia signs a debut EUR100m syndicated loan. Mandated Lead Arrangers, Bookrunners and Lenders are Raiffeisen Bank International AG, AO Raiffeisenbank, PJSC ROSBANK and SOCIETE GENERALE. Raiffeisen Bank International AG and AO Raiffeisenbank acted as documentation agent and Raiffeisen Bank International AG acts as facility and security agent. The borrower under the facility ...
26 December 2018., 12:25   comment

Nordgold Reports Results of General Meeting

The General Meeting (the “Meeting”) of Nord Gold SE (“Nordgold” or the “Company”), the internationally diversified gold producer, was held on Friday, 28 September 2018, at 11 am BST at the offices of Celtic Resources Holdings Limited, Fetcham Park House, Lower Road, Fetcham, Leatherhead, Surrey, KT22 9HD. At the Meeting, the resolutions set out in the notice of the Meeting were proposed and passed on a poll. The voting figures are shown below. A total of 336,066,776 ordinary shares (representing ...
10 December 2018., 15:33   comment

Norilsk Nickel Board of Directors recommends interim dividend for the first half of 2018

The Board of Directors of MMC Norilsk Nickel, the world’s largest refined nickel and palladium producer, has set the Extraordinary General Meeting of shareholders (EGM) date on September 19, 2018 and the EGM record date (the list of shareholders eligible to vote) on August 27, 2018. The Board of Directors has recommended for the EGM approval an interim dividend for the first half of 2018 in the amount of RUB 776.02 per ordinary share (approximately USD 11.37 at the RUB/USD exchange rate the ...
10 December 2018., 15:18   comment

Enviromental Approval Granted To Udokan Mmining And Metallurgical Plant

According to the Order of the Directorate of Rosprirodnadzor (Federal Service for the Supervision of Use of Natural Resources) for Zabaikalye Region, the state environmental expert committee of the federal level approved design documentation for Udokan Mining and Metallurgical Plant Stage 1 with the capacity of 12 mtpa of ore. The expert committee found that Udokan Mining and Metallurgical Plant project prepared by Baikal Mining Company fully complied with the environmental requirements established ...
10 December 2018., 15:15   comment

Start of construction of Udokan Mining and Metallurgical Plant

Governor of Zabaikalye Region Natalya Zhdanova, Chairman of the Board of Directors of Baikal Mining Company Valery Kazikaev and General Director of Baikal Mining Company Yury Ryabov solemnly declared start of construction of Udokan Mining and Metallurgical Plant. A memorial stone was placed at the construction ground level, with embedded special case containing a letter to succeeding generations. Chairman of the Board of Directors of Baikal Mining Company Valery Kazikaev pointed out that Udokan ...
09 July 2018., 16:36   comment