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Severstal’s first quarter results show growth from fourth quarter
Severstal announced its financial results in the first quarter of the year on Monday, showing growth over the previous quarter.… »Novatek sells 370,780 ordinary shares on open market
Novatek announced on Monday that 370,780 ordinary shares, including those in a form of Global Depositary Receipts, were… »Gazprom reschedules press conference
Gazprom has changed the schedule of the press conference set to be held close to the company's annual shareholders… »Gazprom meets with Ukrainian prime minister to discuss gas supply
Gazprom Chairman Alexey Miller met with Ukraine’s Vice Prime Minister Yury Boiko last week to discuss issues of bilateral… »Severstal to pay dividends of $0.01 per share for first quarter
Severstal’s board of directors has recommended a dividend payment of approximately $0.01 per ordinary share for profits… »
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Category Archives: Aluminum
ENRC’s first quarter results show total production decreases
London-based Eurasian Natural Resources Corporation recently released its output results for the first quarter, which showed total production decreases across nearly all divisions as a result of severe winter weather. ENRC’s Ferroalloys division operated at close to full capacity during … Read More »
Posted in Aluminum, Copper, Industry Insider, News, Non-Ferrous
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Deripaska now holds 48.13 percent share of UC Rusal
En+, a Russian investment group owned by billionaire Oleg Deripaska, announced this week that it has acquired an additional 0.72 percent stake in aluminum manufacturer UC Rusal. The acquisition elevates En+’s share in Rusal to 48.13 percent, Prime reports. UC … Read More »
Posted in Aluminum, Industry Insider, News, Non-Ferrous
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Court: Alscon should not have been sold to Rusal
The supreme court of Nigeria has ruled this week that the Aluminum Smelter Company of Nigeria, a former state-owned entity, should not have been sold to Russian aluminum producer Rusal in 2007. Rusal purchased a 75 percent stake in Alscon … Read More »
Posted in Aluminum, Industry Insider, News, Non-Ferrous
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British court to hear Russian oligarch court case
One of the largest ever disputes to be fought in British court begins this week when two billionaire magnates will battle over a $1 billion stake in Rusal, the world’s top aluminum producer. The trial begins on Monday and offers … Read More »
Posted in Aluminum, Industry Insider, News, Non-Ferrous
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