Investors
Disclosure of information
Reports and presentations
Share capital
For shareholders
Debt portfolio
Analyst center
Standard Conditions of Sale
Sustainability
Approach and policies
Health and labor safety
Environment
Social investment
Sustainability reports
- Main
- Press-center
- Press-releases
- UC RUSAL receives resolution from arbitration court on suit against LUKOIL
Press-releases
- Main
- Press-center
- Press-releases
- UC RUSAL receives resolution from arbitration court on suit against LUKOIL
UC RUSAL receives resolution from arbitration court on suit against LUKOIL
In August 2008, UC RUSAL filed a lawsuit against LUKOIL for its disruption in the supply of raw materials. From April 2008, LUKOIL unilaterally reduced the supply of oil coke to UC RUSAL’s largest aluminium smelters by almost two times, thereby breaking its long-term contractual obligations and inhibiting the operations of UC RUSAL’s aluminium smelters. The supply agreement was signed in 2006 and is valid until 2011.
About UC RUSAL
United Company RUSAL (www.rusal.com) is the global leader in the aluminium industry, accounting for approximately 12% and 15% of global production of aluminium and alumina respectively. The company was founded in March 2007 through the merger of RUSAL, SUAL, and the alumina assets of Glencore. UC RUSAL sells its products in 70 countries worldwide and employs 100,000 people in 19 countries, across 5 continents.
To learn more about aluminium please visit http://www.aluminiumleader.com/en/