RUSAL

United Company 'Rusal' () is the world's largest aluminium company. United Company RUSAL accounts for almost 12.5% of entire global output of primary aluminium and 16% of the world’s alumina production. The United Company is a result of the merger of RUSAL, SUAL, and the alumina assets of Glencore, finished in March 2007. The company operates in 17 countries on 5 continents and employs 100,000 people across its international operations and offices.[1]

Contents

History

Operations

Russia

Ukraine

Overseas

See also

External links

History

Russia's bauxite reserves are located primarily in the Northern Ural Mountain area. The bauxite mines operated by Sevuralboksitruda in that region currently account for over 70% of Russia's bauxite assets.[2] During the 1900s, a large aluminium industry grew up in Russia based on these strategic reserves. In the 1990s, when the era of privatization began in Russia, Roman Abramovich, the Russian billionaire and current owner of English football club Chelsea F.C., began acquiring mining and processing facilities, including the metals assets of billionaire Oleg Deripaska, and merged them to form Rusal in 2000. The modern, unified company is now the largest privately-held aluminium company in the world. [3]
However, in 2003, Roman Abramovich sold his 25% stake in RusAl for about $1.8 billion back to Oleg Deripaska, who already owned 50 percent. [4][5]
The 25 percent stake Boris Berezovsky and Badri Patarkatsishvili held in RusAl was sold between 2003 and 2004. [6]
On 9 October 2006, Rusal, SUAL Group and Swiss commodities trader Glencore announced their merger. SUAL is a large aluminium company that had previously been Rusal's primary competitor in Russia. The merger agreement was completed on 27 March 2007.
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[8]

Operations

Russia

Rusal owns and operates 4 aluminium smelters and 3 alumina processors in Russia:

★ Bratsk Aluminium Plant, Bratsk

★ Krasnoyask Aluminium Plant, Krasnoyarsk

★ Novokuznekst Aluminium Plant, Novokuznetsk

★ Sayanogorsk Aluminium Plant, Sayanogorsk

★ Achinsk Alumina Refinery

★ Boksitogorsk Alumina Refinery

Ukraine

★ Nikolaev Alumina Refinery

Overseas

Guinea

★ Alumina Company of Guinea (ACG) - Friguia alumina production facilities

★ Compagnie des Bauxites de Kindia - development of the Debele bauxite deposit

★ Compagnie de Bauxite et d'Alumine de Dian - in Dian Dian

Nigeria

★ Aluminium Smelter Company of Nigeria (ALSCON) - Smelter in Akwa Ibom state of Nigeria

Guyana

★ Bauxite Company of Guyana

Australia

★ Queensland Alumina Refinery - minority ownership

See also

★ Aluminium in Russia

★ Aluminium in Africa

★ Aluminium in Guinea

External links

★ Rusal

★ MBendi:Mining:Bauxite:Asia:Russia

★ Mineweb article on merger with SUAL

★ Mineweb Discussion Board