RUSAL sells Alpart alumina refinery in Jamaica
Moscow, 19 July 2016 – UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, is pleased to announce that it has entered into an agreement to sell a 100% stake of the Alumina Partners of Jamaica (‘Alpart’) to the Chinese state industrial group, JIUQUAN IRON & STEEL (GROUP) Co. Ltd. (‘JISCO’). The amount of the deal is USD 299 mln. The deal is undertaken within the programme for RUSAL’s assets optimization and debt ratio reduction.
UC RUSAL and SAUER sign memorandum of understanding
Moscow, 06 July 2016 - UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, and SAUER GmbH, a member of DMG MORI, a worldwide leading manufacturer of metal-cutting machine tools, today announce the signing of a memorandum of understanding (MoU) to develop the 3D printing technology for industrial use of aluminium and aluminium alloys.
UC RUSAL and HEBEI JOY SENCE CABLE sign joint venture agreement
Moscow, 05 July 2016 - UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, and Hebei Joy Sense Cable Co., Lt (“HJSC”), a leading Chinese aluminium alloy cable manufacturer (“the Partners”), announce the signing of an agreement to establish the joint venture (“JV”) ‘JSC RUSAL-HEBEI JOY SENSE CABLE Special Aluminium Products Co. Ltd. Investments’. At this stage, the Partners will invest USD 1 mln dollars and will make further investment decisions on completion of the feasibility study.