United Company RUSAL is the world’s biggest aluminium group, accounting for more than 10 per cent of global primary output as of 2011, and 13 per cent of all alumina. It was formed from the merger of Rusal, SUAL and the alumina assets of Glencore in 2007. It listed in Hong Kong in January 2010 in a US$2.1 billion initial public offering.
Shares of Rusal, the world’s largest aluminium producer, rose after it posted its first annual net profit in three years as production cost reduction and higher selling prices more than offset lower output.Wednesday, 25 February, 2015, 2:42pm
Russia’s United Company RUSAL, the world’s largest aluminium producer, reported a 266 per cent drop in second-quarter recurring net profit on Monday, far weaker than forecasts as aluminium prices continued to fall.19 Aug 2013 - 11:03am
Airbus A350 makes maiden flight14 Jun 2013 - 2:50am
In March last year CY Leung's victory in the "election" of the chief executive was celebrated on the website of Hong Kong-listed Russian aluminium company Rusal. This was because Barry Cheung Chun-yuen, then Rusal's chairman, played a significant part in CY's campaign.29 May 2013 - 2:51am
The latest development came as Barry Cheung resigned from his positions in major businesses - as a board member of Russian aluminium producer United Co Rusal and as an independent non-executive director of AIA Group Limited.7 May 2015 - 3:28pm
We see that Barry Cheung's difficulties with the Hong Kong Mercantile Exchange have made waves in Moscow. This is because he is an independent non-executive director on the board of Rusal, the world's largest aluminium company, which, although Russian, is listed in Hong Kong.24 May 2013 - 3:47am 1 comment
Elsie Leung caught up in Rusal's byzantine politics21 May 2013 - 3:35am
SFC fines Manulife Asset Management5 Mar 2013 - 4:47am
Rusal, the biggest aluminium producer, is setting premiums for its metal on a monthly basis instead of annually as in previous years to more closely link the payments it gets to market movements.
"Rusal switched more than half of its contracts to floating premiums starting from this year," strategy director Oleg Mukhamedshin said.15 Feb 2013 - 5:20am
Russian aluminium giant Rusal is one of those companies where you feel things are not quite as they seem. So when Hong Kong's Barry Cheung Chun-yuen recently stepped down as chairman of the Hong Kong-listed company and was replaced by Matthias Warnig, you had to wonder what was going on.7 May 2015 - 4:50pm
Rusal, the world's largest aluminium producer, has appointed Matthias Warnig, a former East German secret agent and an ally of Russian President Vladimir Putin, as chairman, replacing Barry Cheung Chun-yuen, who held the job for just over six months.3 Oct 2012 - 1:23am
Russian billionaires Oleg Deripaska and Michael Cherney reached an 11th-hour settlement in a dispute over a billion dollar slice of aluminium giant Rusal, shortly before they were due to give evidence in a drawn-out London court case.28 Sep 2012 - 4:28pm
Russian aluminium giant Rusal said Monday it would cut production after seeing its net profit fall 95.25 per cent in the first six months of the year, hit by falling prices and rising costs.
The Hong Kong-listed company said net profit for the six months ending June 30 was US$37 million, from US$779 million a year earlier. Revenue fell 9.66 per cent to US$6.32 billion.27 Aug 2012 - 2:05pm
Rusal comes unstuck in Nigerian court over some sticky business7 May 2015 - 4:50pm
A little noticed event took place last week in the cosy world of investment banking, when Russian (and emerging markets) firm Renaissance Capital called it quits, closing its offices in both Hong Kong and Beijing after only two years on the ground in Asia.7 May 2015 - 4:50pm