19 July 2016
UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, is pleased to announce that it has entered into an agreement to sell a 100% stake of the Alumina Partners of Jamaica (‘Alpart’) to the Chinese state industrial group, JIUQUAN IRON & STEEL (GROUP) Co. Ltd. (‘JISCO’). The amount of the deal is USD 299 mln. The deal is undertaken within the programme for RUSAL’s assets optimization and debt ratio reduction.
13 July 2016
Basel Aero, part of Russia’s largest diversified industrial group Basic Element, announces operational results for the first half of 2016, noting that passenger turnover across the company’s four airports increased by 16% year-on-year with the Sochi international airport showing record-breaking growth.
13 July 2016
Kuban Agro, a part of Russia’s largest
industrial diversified holding Basic Element and one of the largest agricultural
holdings in Southern Russia, has announced its plans to boost investment in technology innovation 3.5-fold to 50 mln
6 July 2016
UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow
Exchange: RUAL/RUALR), a leading global aluminium producer, and SAUER GmbH, a
member of DMG MORI, a worldwide leading manufacturer of metal-cutting machine
tools, today announce the signing of a memorandum of understanding (MoU) to
develop the 3D printing technology for industrial use of aluminium and
5 July 2016
UC RUSAL (SEHK: 486; Euronext: RUSAL/RUAL; Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, and Hebei Joy Sense Cable Co., Lt (“HJSC”), a leading Chinese aluminium alloy cable manufacturer (“the Partners”), announce the signing of an agreement to establish the joint venture (“JV”) ‘JSC RUSAL-HEBEI JOY SENSE CABLE Special Aluminium Products Co. Ltd. Investments’. At this stage, the Partners will invest USD 1 mln dollars and will make further investment decisions on completion of the feasibility study.