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Central European Aluminum Company (CEAC)

/ Structure / Energy / Central European Aluminum Company (CEAC)

Description of activities: CEAC, or Central European Aluminium Company, has run the largest industrial enterprise in Montenegro - the Kombinat Aluminijuma Podgorica (KAP) aluminum smelter - and the Rudnic Boxita Niksic bauxite mine, which supplies raw materials for the smelter, since 2005.

KAP is capable of producing more than 120,000 tonnes of primary aluminum per year. It accounts for more than 15% of Montenegro's GDP and over half the country's exports.

En + Group has invested more than $40 million in modernization and environmental programs at the smelter and mine since acquiring the assets.

News

02.02.2012

UC RUSAL TO INCREASE ITS STAKE IN YAROSLAVSK GRK TO 100%

UC RUSAL, the world's largest aluminium producer, is pleased to announce that it has entered into an agreement to acquire 50% of OOO "Yaroslavsk GRK" (Yaroslavsk Mining Company) from Russian Mining Company (RGRK). Following completion of the deal, Yaroslavsk GRK will be 100% wholly owned by RUSAL.

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31.01.2012

SMR ANNOUNCES FULL YEAR PRODUCTION RESULTS FOR 2011

SMR, the biggest Russian FeMo producer announces its key production data for 2011. In 2011 the Company continued implementation of the previously adopted program for modernization and technical upgrade of its production facilities

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19.01.2012

UC RUSAL installed unique equipment at Krasnoyarsk aluminium smelter to broaden range of alloys

UC RUSAL announces the development and launch of a unique magnetic hydrodynamic mixer which will enable the Krasnoyarsk aluminium smelter's cast house to extend its alloy product range. The cost of the new equipment amounts to USD 2 million.

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