Order products
Our products
Investors
Sustainability
Career
Press-center
Innovations
- Main
- Press-center
- Press-releases
- Statement from RUSAL following recent media reports
Press-releases
- Main
- Press-center
- Press-releases
- Statement from RUSAL following recent media reports
05.10.2022
Statement from RUSAL following recent media reports
Further to recent media reports, RUSAL refutes in the strongest terms any suggestion that it is planning to deliver large quantities of metal on the LME, in Europe, the U.S. or any other location. Statements otherwise are highly speculative and irresponsible. RUSAL’s sales book is solid, and the company has no need to deliver metal to LME warehouses.
RUSAL also notes the alarmist views expressed by other interested parties that we regard as being damaging to the confidence within industry as a whole. We would like to point out that there is no basis upon which to take any action regarding warrantability of RUSAL’s metal, and any decision otherwise could have long-lasting negative effects on the market, increase the likelihood of a disproportionate concentration of certain non-Russian origin metal on exchange, leading to increased volatility of both prices and premiums. Over half of RUSAL’s production portfolio are customized value-added products. Our customers directly and indirectly may be affected by unfriendly actions and potential price distortion.
RUSAL’s low carbon aluminium is a metal of choice for the global aluminium market and will continue to be the preferred metal on the back of intensifying decarbonisation efforts. The continued presence of RUSAL and its metal within the LME ecosystem has an important stabilizing effect on the market, since the vast majority of the global aluminium industry has not rejected our brands.
RUSAL also notes the alarmist views expressed by other interested parties that we regard as being damaging to the confidence within industry as a whole. We would like to point out that there is no basis upon which to take any action regarding warrantability of RUSAL’s metal, and any decision otherwise could have long-lasting negative effects on the market, increase the likelihood of a disproportionate concentration of certain non-Russian origin metal on exchange, leading to increased volatility of both prices and premiums. Over half of RUSAL’s production portfolio are customized value-added products. Our customers directly and indirectly may be affected by unfriendly actions and potential price distortion.
RUSAL’s low carbon aluminium is a metal of choice for the global aluminium market and will continue to be the preferred metal on the back of intensifying decarbonisation efforts. The continued presence of RUSAL and its metal within the LME ecosystem has an important stabilizing effect on the market, since the vast majority of the global aluminium industry has not rejected our brands.
Latest news
19.03.24
RUSAL STATEMENT ON THE REUTERS STORY
RUSAL, one of the world’s largest aluminium producers, has seen the latest statement of the European Aluminium to Reuters and has the following comments.
15.03.24
RUSAL announces results for the year ended 31 December 2023
Moscow, 15 March 2024 – RUSAL (SEHK: 486; Moscow Exchange: RUAL), a leading global aluminium producer, announces its results for the year ended 31 December 2023.
06.03.24
RUSAL introduces next generation of one of the most in-demand products – MaxiFlow 2.0
Moscow, 6 March 2024 – RUSAL, one of the world's largest aluminium producers, has successfully completed development and began field-scale tests of a new generation of MaxiFlow billets, version 2.0. This innovation will enable RUSAL's customers to significantly increase extrusion speed and overall production efficiency. The predecessor of this new product – MaxiFlow 1.0 – has already become one of the most in-demand products within RUSAL's product line.
15.01.24
RUSAL extends ASI certification to five more smelters
Moscow, 15 January 2024 – RUSAL, a leading global aluminium producer, announces that five of the company's aluminium smelters have achieved Aluminium Stewardship Initiative (ASI) certification. With the extension, eighteen of RUSAL’s facilities have already confirmed that their activities certify to ASI Performance Standard and ASI Chain of Custody Standard.
11.12.23
RUSAL creates a new AlZn alloy for the automotive industry
Moscow, 11 December 2023 – RUSAL, one of the world's largest aluminium producers, announces the creation of a new AlZn alloy for the automotive industry. The Company has been successfully running several R&D projects with top global automotive parts suppliers on proprietary AlZn alloy.