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| Company type | Open joint-stock company |
|---|---|
| Industry | Aluminium |
| Founded | 2000 |
| Headquarters | Moscow, Russia |
Key people | |
| Products | |
| Revenue | $8.57 billion[1] (2020) |
| $279 million[1] (2020) | |
| $759 million[1] (2020) | |
| Total assets | $17.4 billion[1] (2020) |
| Total equity | $6.54 billion[1] (2020) |
Number of employees | 64,000 |
| Website | rusal |
United Company Rusal (Russian: МКПАО «ОК РУСАЛ») is the world's second largest aluminium company by primary production output (as of 2016).[2][3] It was the largest until overtaken by China Hongqiao Group in 2015.[4][5] Rusal accounts for almost 9% of the world's primary aluminium output and 9% of the world's alumina production. Rusal was founded by major Russian industrialist Oleg Deripaska.
The United Company was formed by the merger of Rusal (Russian: Русский алюминий, romanized: Russkiy alyuminiy, lit. 'Russian aluminium'), SUAL, and the alumina assets of Glencore, completed in March 2007. According to its own statistics, Rusal accounts for 6.2% of the world's primary aluminium output and 6.5% of the world's alumina production, while operating assets in 13 countries over five continents, employing over 61,000 people across its international operations and offices.[6]
The company is incorporated in Jersey, where it has its financial centre, but its headquarters are in Moscow, Russian Federation. UC Rusal is a public limited company and its shares are traded on the Moscow Stock Exchange, Hong Kong Stock Exchange and European[ambiguous] Stock Exchange. Since 25 September 2020, the company changed its place of registration from Jersey to Kaliningrad, Russia.[7] In 2021 Rusal announced a proposal to demerge its high carbon assets and change its name to AL+.[8]
- ^ a b c d e "Consolidated Financial Statements for the year ended 31 December 2020" (PDF). Rusal. 17 March 2021. p. 86. Retrieved 17 March 2021.
- ^ "World's leading primary aluminium producing companies 2016 | Statistic". Statista. Retrieved 8 September 2017.
- ^ "UPDATE: Top 5 Primary Aluminium Producers in the World". alcircle. Retrieved 8 September 2017.
- ^ "China Hongqiao Group Surpasses Rusal be the Largest Aluminum Producer". alu.com.cn.
- ^ Martin Ritchie (31 August 2015). "Hongqiao Gets to Top of the World and Sinks Most Since IPO". Bloomberg.
- ^ "Facts and Figures". Rusal. Retrieved 8 September 2017.
- ^ "Rusal Completes Redomiciliation From Jersey To Russian SAR". aluminiuminsider.com. 20 December 2018. Retrieved 26 September 2020.
- ^ "EN+ Announces Intention to Demerge High Carbon Assets". Aluminium International Today. Retrieved 21 September 2021.