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Latest United Company RUSAL Stories

2008-09-29 18:00:23

NEW YORK, Sept. 29 /PRNewswire/ -- Keepers of the Rivers, Moscow-based environmental group along with Greenline, independent environmental watchdog, has accused aluminum giant Rusal of dumping poisonous waste near its plant in Krasnoyarsk. The environmentalists submitted its claim against the Krasnoyarsk Aluminum Plant (KRAZ), controlled by Rusal Holding, after reviewing a series of complaints from residents of two villages located near the plant. Independent tests revealed that...

2008-08-06 06:00:34

By Andrew E. Kramer The Russian metals tycoon Mikhail Prokhorov announced Tuesday that he would sell a minority stake in the Arctic mining company Norilsk Nickel for $10 billion to his former business partner Vladimir Potanin, possibly ending a drawn-out ownership struggle between several of the richest men in Russia. The two oligarchs agreed last year to divide their holding in Norilsk, an iconic and extraordinarily valuable Russian factory founded by Stalin, whose value soared along...

2008-07-16 21:00:22

MOSCOW. July 16 (Interfax) - United Company RUSAL (UC RUSAL) produced 2.196 million tonnes of aluminum in the first half of 2008, 7.8% more than in the same period last year, RUSAL said in a press release. "The significant growth of 7.8% in primary aluminum production is due to the ramp up of production at the Khakas Aluminum Smelter, which achieved its full capacity of 300,000 tonnes per annum, the launch of the Alscon Aluminum Smelter in Nigeria, the fifth potline at the Irkutsk Aluminum...

2008-07-14 21:00:24

MOSCOW. July 14 (Interfax) - United Company RUSAL (UC RUSAL) is holding talks on an energy and metals complex to be built jointly with Saudi Arabian state-owned company Maadin, according to a statement released in Moscow ahead of the visit by Saudi Arabia National Security Council's Secretary-General Prince Bandar bin Sultan bin Abdul Aziz Al Saud. The project will involve the construction of an aluminum plant with a capacity of 600,000 tons of primary aluminum per year and a 1,500-megawatt...

2008-07-06 09:00:17

By Mark Leftly Prokhorov backs merger of nickel and aluminium miners to form a $100bn rival to a united BHP Billiton and Rio Tinto Russian billionaire Mikhail Prokhorov has called for the creation of a $100bn Russian mining champion, ahead of an intense boardroom battle with former friend and business partner Vladimir Potanin tomorrow. Mr Prokhorov, Russia's sixth- richest man with a $19.5bn (9.8bn) fortune, told The Independent on Sunday in a rare interview that nickel miner Norilsk...


Word of the Day
bodacious
  • Remarkable; prodigious.
  • Audacious; gutsy.
  • Completely; extremely.
  • Audaciously; boldly.
  • Impressively great in size; enormous; extraordinary.
This word is probably from the dialectal 'boldacious,' a blend of 'bold' and 'audacious.'
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