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.

Rusal forecast global aluminium demand to rise 6.5 per cent this year to 59 million tonnes. Photo: Reuters

Rusal rises after first annual profit in three years

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.

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