United Company RUSAL

United Company RUSAL Plc

Type	Public limited company
Traded as	MCX: RUALR : 0486 Euronext: RUSAL
Industry	Mining
Founded	2007
Headquarters	Moscow, Russia
Key people	Oleg Deripaska (CEO) Mattias Warnig (Chairman)
Products	Aluminium Aluminium alloys Bauxite Alumina
Revenue	US$10.8 billion (2012)
Net income	- US$55.0 million (2012)
Number of employees	72,202
Website	www.rusal.ru

United Company RUSAL (Russian: ОК РУСАЛ, /OK RUSAL/) is the world's sixth largest aluminium company. It was the largest until overtaken by China Hongqiao Group in 2015. UC RUSAL accounts for almost 9% of the world's primary aluminium output and 9% of the world’s alumina production. The United Company was formed by the merger of RUSAL (Russian: Русский алюминий), SUAL, and the alumina assets of Glencore, completed in March 2007. The company operates in 19 countries over five continents and employs over 72,000 people across its international operations and offices. The company is incorporated in Jersey, where it has its financial centre, but its headquarters are in Moscow, Russian Federation.

RUSAL is the global leader in the aluminium industry and accounts for approximately 9% of global aluminium production and 9% of the world’s alumina output. It has played a decisive role in the consolidation of the Russian aluminium industry during its establishment as a large, vertically integrated aluminium holding.

The Russian aluminium industry dates back to 1932, the year when the Volkhov aluminium smelter produced the first batch of aluminium. Following that, construction of smelters began to meet the growing demand of the national economy. During WW2, the production facilities in the country were evacuated to the Urals and Western Siberia, and the relocated equipment was used to build the Bogoslovsk and Novokuznetsk aluminium smelters. In the 1950s, new aluminium smelters were built for strategic purposes in Kandalaksha, Nadvoitsy and Volgograd. In the 1960s and 1970s, smelters in Irkutsk, Krasnoyarsk, and Bratsk were constructed in close proximity to the largest hydro power plants in Siberia. By the early 1980s, Russia was the world’s second largest producer of aluminium after the US.