Order products
About us
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
03.11.2022
Statement from RUSAL following recent media reports
RUSAL has noted an article published on November 3rd by Reuters regarding actions by one of its competitors, clearly for their own benefit, who are seeking a boycott of Russian metal on the London Metal Exchange (LME). A number of industry associations have recently and publicly stated that such a move would be to the clear detriment of the aluminium consuming industry, and furthermore to the benefit of its competitors.
As a company, we have recently stated categorically that there are no plans to deliver aluminium to the exchange, by virtue of a strong sales and order book moving in to 2023. This is clearly a matter for RUSAL and its customers and not within the purview of certain competitors to neither comment on nor try to influence. The data and evidence to support this has been provided directly to the LME in response to the recent discussion paper.
In addition, we are confident that the data request made by a competitor to the LME regarding recent exchange deliveries would or will show that material of non-Russian origins dominated the inflow. Suggestions by competitors to the contrary are quite simply false, and damaging to market order.
Through its ALLOW brand, RUSAL is the largest low carbon aluminium producer globally. These value added products are and will continue to remain critical in global supply chains both now and in future, regardless of anti-competitive media speculation by competitors.
As a company, we have recently stated categorically that there are no plans to deliver aluminium to the exchange, by virtue of a strong sales and order book moving in to 2023. This is clearly a matter for RUSAL and its customers and not within the purview of certain competitors to neither comment on nor try to influence. The data and evidence to support this has been provided directly to the LME in response to the recent discussion paper.
In addition, we are confident that the data request made by a competitor to the LME regarding recent exchange deliveries would or will show that material of non-Russian origins dominated the inflow. Suggestions by competitors to the contrary are quite simply false, and damaging to market order.
Through its ALLOW brand, RUSAL is the largest low carbon aluminium producer globally. These value added products are and will continue to remain critical in global supply chains both now and in future, regardless of anti-competitive media speculation by competitors.
Latest news
16.03.23
RUSAL announces results for the year ended 31 December 2022
Moscow, 17 March 2023 – RUSAL, a leading global aluminium producer, announces its results for the year ended 31 December 2022.
01.03.23
RUSAL develops production of advanced technology materials on existing production facilities
Moscow, 1 March 2023 – RUSAL, a leading global aluminium producer, developed and launched the production of raw materials for catalysts at the Achinsk Alumina Refinery (RUSAL Achinsk) in addition to the production of VOGA fire retardants.
16.02.23
Statement from RUSAL regarding recent Bloomberg’s article
Moscow, 16 February 2023 – RUSAL has dismissed the claim made in the article published on 15th February by Bloomberg citing a Norsk Hydro executive who states that Russian metal is selling at a steep discount.
07.02.23
RUSAL begins production of low-carbon alloys for car manufacturers
Moscow, 7 February 2023 — RUSAL, a leading global aluminium producer, started using end of life aluminium scrap in production of foundry alloys for automotive industry. This production enabled RUSAL to reduce full scope carbon footprint of the new product by nearly 20%.
01.02.23
RUSAL starts production of master alloys for high-tech alloys
Krasnoyarsk, 1 February 2023 – RUSAL, a leading global aluminium producer, started its own production of master alloys which are used to make alloys. The new project will cover half of the Company's need for master alloys, and is also intended for supply to external customers.