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United Company RUSAL Plc (0486.HK)

0486.HK on Hong Kong Stock

5.65HKD
15 Feb 2018
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Latest Key Developments (Source: Significant Developments)

United Company Rusal ‍Says Q4 Aluminium Production Totaled 944 Thousand Tonnes
Monday, 5 Feb 2018 

Feb 5 (Reuters) - United Company Rusal Plc <0486.HK>::‍ALUMINIUM PRODUCTION IN 4Q17 TOTALED 944 THOUSAND TONNES, UP 1.4 PCT QUARTER-ON-QUARTER​.COMPANY EXPECTS THAT SALES MIX WILL TREND TOWARDS PRODUCTION MIX AND TARGETS 50-52 PCT SHARE OF VAPS THROUGH 2018.IN 4Q17 ALUMINIUM SALES INCREASED 3.3 PCT QOQ, TOTALING 1 MILLION TONNES.IN Q4 AVERAGE ALUMINIUM REALIZED PRICE INCREASED BY 6.5 PCT Q/Q TO USD2,263/T.‍UC RUSAL ESTIMATED DEMAND FOR ALUMINUM IN CHINA IN 2017 GREW BY 7.8 PCT TO 34.9 MILLION TONNES​.IN 4Q17, TOTAL ALUMINA PRODUCTION INCREASED BY 1.3 PCT QOQ, TOTALING 1,990 THOUSAND TONNES.‍IN 4Q17, BAUXITE PRODUCTION INCREASED BY 7.4 PCT Q-O-Q TO 2,945 THOUSAND TONNES​.ESTIMATES WINTER CAPACITY CUTS WILL RESULT IN ANNUALIZED PRODUCTION LOSSES OF 1 MILLION TONNES OF METAL & 4.4 MILLION TONNES OF ALUMINA.  Full Article

United Company Rusal Announces Alumina And Hydrate Contract
Thursday, 28 Dec 2017 

Dec 28 (Reuters) - United Company Rusal PLC <0486.HK>::UC RUSAL TRADING HOUSE JSC, AS BUYER, AND BASELCEMENT-PIKALYOVO LLC, AS SUPPLIER, WILL ENTER INTO A CONTRACT.BASELCEMENT-PIKALYOVO LLC AGREED TO SELL ALUMINA AND HYDRATE.A CORPORATE GUARANTEE IS PROVIDED BY A MEMBER OF GROUP TO ASSIST BASELCEMENT-PIKALEVO LLC.UNDER CORPORATE GUARANTEE, LENDING AMOUNT: UP TO RUB1 BILLION.  Full Article

United Company Rusal Enters Purchase Of Assets Contracts
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - United Company Rusal Plc <0486.HK>::MEMBERS OF GROUP, AS BUYERS, ENTERED INTO NEW PURCHASE OF ASSETS CONTRACTS WITH ASSOCIATES OF DERIPASKA, AS SELLERS​.‍ANNUAL AGGREGATE TRANSACTION AMOUNTS FOR FY17 IS ESTIMATED TO BE APPROXIMATELY $9.739 MILLION.​.  Full Article

United Company RUSAL qtrly adjusted profit $262 mln
Monday, 13 Nov 2017 

Nov 13 (Reuters) - United Company RUSAL Plc <0486.HK>::Revenue in Q3 of 2017 increased by 19.4% to USD2,460 million​.Adjusted net profit and recurring net profit of usd727 million and USD1,122 million, respectively, for nine months of 2017.Qtrly adjusted profit for the period $262​ million versus $181 million.Qtrly recurring profit for the period $‍436​ million versus $327 million​.Global aluminium demand expected to grow by 5.9% from 5.7% in 2017 to 63.1 million tonnes as a result of strong growth in Russia, EU​.Chinese semis export are expected to drop in 4Q17- 1H18 due to a tight domestic market and negative export arbitrage​.Expects that during winter season, Chinese aluminium market balance may become very tight​.‍UC Rusal estimates global demand for primary aluminium of 47.8 million tonnes during first three quarters of year​.Global aluminium market deficit is expected to grow 1.1 million tonnes in 2017 as compared to 0.4 million tonnes in 2016​.Chinese semis export are expected to drop in 4Q17- 1H18 due to tight domestic market and negative export arbitrage‍​.  Full Article

United Company Rusal says Aluminium production in Q3 totaled 931 thousand tonnes
Monday, 23 Oct 2017 

Oct 23 (Reuters) - United Company Rusal Plc <0486.HK>:Aluminium production in Q3 totaled 931 thousand tonnes, up 1.1 percent QOQ (not down 3.4 percent QOQ)​.‍In 3Q17, aluminium sales decreased (-3.4% QOQ) totaling 968 thousand tonnes​.As expected chinese semis exports are expected to drop in 4Q17- 1H18 due to tight domestic market and negative export arbitrage​.‍UC Rusal estimates that global aluminium demand grew by 5.9% year-on-year in 9 months of 2017 to 47.8 million tonnes​.In 3Q17 consolidated bauxites output decreased by 11.3%, totaling 2,742 thousand tonnes.‍In 3Q17, total alumina production increased by 1.9% QOQ, totaling 1,965 thousand tonnes.​.‍Rusal expects that during winter season, Chinese aluminium market balance may become very tight.​.‍expects net debt of group as at 30 September 2017 to be below US$7.7 billion​.  Full Article

United Company Rusal ‍posts aluminium sales totaling 968 thousand tonnes in Q3​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - United Company Rusal Plc <0486.HK>:‍In 3Q17, aluminium sales decreased (-3.4% qoq) totaling 968 thousand tonnes​.‍Aluminium production in 3Q17 totaled 931 thousand tonnes (-3.4% qoq)​.As expected chinese semis exports are expected to drop in 4Q17- 1H18 due to tight domestic market and negative export arbitrage​.‍UC Rusal estimates that global aluminium demand grew by 5.9% year-on-year in 9 months of 2017 to 47.8 million tonnes​.In 3Q17 consolidated bauxites output decreased by 11.3%, totaling 2,742 thousand tonnes.‍in 3Q17, total alumina production increased by 1.9% QOQ, totaling 1,965 thousand tonnes.​.‍rusal expects that during winter season, Chinese aluminium market balance may become very tight.​.‍Expects net debt of group as at 30 September 2017 to be below US$7.7 billion​.  Full Article

Russia's En+ to pay out $125 mln in interim dividends in Dec
Friday, 20 Oct 2017 

Oct 20 (Reuters) - En+ Group::Says board approves interim dividends of $125 million to be paid in December 2017;.Says following results of 2017, it aims to declare additional dividends in 2018 for 2017..  Full Article

United Company RUSAL announces possible share transfer between shareholders
Thursday, 19 Oct 2017 

Oct 19 (Reuters) - United Company RUSAL:Possible Share Transfer Between Shareholders Of The Company .‍En+ announced that En+ and Amokenga entered into a non-binding term sheet in relation to a possible share transfer​.‍Amokenga will subscribe for a certain number of GDRS in En+​.‍as consideration for subscription, Amokenga will transfer about 8.75% of total issued share capital of company to En+​.‍if possible share transfer materializes, En+'s shareholding in co will increase from 48.13% to approximately 56.88%​.  Full Article

Russia's En+ to covert Glencore's stake in Rusal into En+ GDRs
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Russia's holding group En+ Group said::En+ Group signed non-binding term sheet with Amokenga Holdings Limited (AHL), a subsidiary of Glencore plc <<>>, for the conversion of Glencore's 8.75 percent shareholding in Rusal <<<0486.HK>>> into global depositary receipts representing ordinary shares of En+ Group. .The conversion is expected to occur following the completion of the announced initial public offering by En+ Group..Upon completion of conversion, En+ Group's shareholding in Rusal would increase to 56.88 percent from 48.13 percent..En+ says ‍following completion of transaction, AHL would be entitled to appoint Glencore CEO to the board of directors of En+ Group.​.En+ is not required to make a mandatory takeover offer as a result of transaction..  Full Article

Rusal share placement priced at HK$5.40 per share/RUB 40.10 per share ‍​- bookrunner
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - :Block Trade-United Company Rusal Plc <<<0486.HK>>>: bookrunner says offering of about 456 million shares priced at HK$5.40 per share /RUB 40.10 per share ‍​.  Full Article

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Co-owners of Russia's Nornickel back in fight for control

MOSCOW/LONDON A power struggle over Norilsk Nickel (Nornickel) resurfaced on Friday as billionaire Vladimir Potanin offered to buy Roman Abramovich's stake in the mining group, and a third businessman - Oleg Deripaska - tried to block the deal.