Rusal's RAS net profit for 2024 amounted to ₽43.6 billion, down twofold from ₽90.2 billion in the previous year. Revenue increased by 4.9% to ₽32.4 billion against ₽30.9 billion a year earlier.

For the first time in the history of the industry, Rusal is converting industrial-scale aluminum production to anodes using environmentally friendly petroleum pitch. Globally, coal pitch is traditionally used in anodes for electrolysis, while the use of oil pitch on an industrial scale significantly reduces the emission of harmful substances. At the first st...

Rusal has entered into an agreement with Indian companies Pioneer and KCap to purchase up to 50% of Pioneer Aluminium Industries Limited, an alumina refinery with annual capacity of 1.5 million tons. Deal will take place in three stages. In the first stage, Rusal will acquire 26% for $243.75 million plus adjustments for working capital and debt. All subseque...

Amount of Rusal's purchase of 30% in China's Hebei Wenfeng New Materials Co. rose to $316 mln, the Russian company said in a statement. Valuation as of the report's publication date is not final and may be revised this year. Initial consideration was $264 million, with the possibility of a change in valuation within a year of the transaction. Transfer of the...