17 Facts About Rusal

UC Rusal is a public limited company and its shares are traded on the Moscow Stock Exchange, Hong Kong Stock Exchange and European Stock Exchange.

Rusal has historically opted to fully integrate its assets under centralized operational and management control.

Rusal has achieved increased production and efficiency in most of its acquired facilities through production "creep", as well as by undertaking key modernization and expansion projects.

Rusal was founded in 2000 after Sibirsky Aluminium and Millhouse Capital, owned by Roman Abramovich, agreed to merge their aluminium and alumina assets.

In 2004, Rusal made the strategic decision to focus on its upstream business and began disposing of its downstream assets, including the sale of its fabricating division to Alcoa in January 2005.

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In 2004, Rusal obtained a licence to develop bauxite mines in Guyana and the Bauxite Company of Guyana was founded.

In January 2009, Oleg Deripaska was appointed Rusal's CEO, replacing Alexander Bulygin, who had held the post for 3 years.

August 2011 saw Rusal reach an agreement with Sberbank to extend the maturity of debts until 2016, thereby cancelling VEB's loan used to repay debts to lenders.

In October 2011, UC Rusal announced that it had completed all debt refinancing of outstanding payments worth $11.

Rusal signed a memorandum of understanding with one of its main competitors, Shandong Xinfa Group, pertaining to the study of future potential cooperation areas, such as joint ventures.

Rusal asked creditors to agree to delay payments on part of its US$10bn net debt pile.

In 2016, UC Rusal signed another joint venture agreement with a Chinese firm, Hebei Joy Sense Cable Co.

Rusal agreed on a pre-export finance mechanism with international lenders worth US$1.

Rusal owns and operates eight aluminium smelters, four alumina refineries and three foil rolling mills in Russia:.

In 2017, UC Rusal publicly stated its goal to cover all the energy required to power its aluminium smelters via clean energy by 2020, particularly using hydropower.

Rusal signed an agreement in September 2021 with the UK's Budweiser Brewing Group to produce five million ultra-low carbon beer cans.

In 2012, Rusal donated 25 tonnes of medical supplies to Sierra Leone to control the outbreak of cholera in the country as part of its commitment to corporate social responsibility.