Russia's United Company Rusal, the world's top aluminium producer, reported sharply lower profits for the second quarter on Monday, battered by high inventories and low prices, and trimmed its outlook for global aluminium consumption.
The world's largest aluminium producer, UC Rusal, is interested in expanding in Iran but denied a newspaper report it was in talks to build a 375,000 tonnes per year aluminium smelter there.
"Rusal is interested in business development and
The world's largest aluminium producer, UC Rusal, is in talks to build a 375,000 tonne per year aluminium smelter in Iran, the Kommersant business daily reported.
Kommersant quoted a Rusal source as saying Iran was "one of the possibilitie
Russia-based Rusal, the world's largest aluminium producer, said on Monday that it sees steady output growth in 2011, driven by strong demand from China and a rebound in North America.
Hong Kong and Paris-listed Rusal said aluminium produc
Russia's UC Rusal revealed its $2.6 billion Hong Kong IPO plans on Thursday, and for the first time, disclosed key financial information to the public, showing a brutal first half of 2009.
Rusal, the world's largest aluminium maker, plans
The world's top aluminium firm United Company Rusal said it had signed a memorandum of understanding with Libya to build an aluminium smelter in Libya with an annual capacity of 600,000 tonnes.
The parties also have agreed to build a 1,500