United Company 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, 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.
UC Rusal will make a decision about this until the end of April.
Rusal is in no hurry to buy out shares of Norilsk Nickel from Roman Abramovich.
Aluminum holding will create a data processing center in the territory of the Nadvoitsky plant.
President of UС Rusal and Chairman of the Supervisory Board of Basic Element Oleg Deripaska bought a house for $ 15 million more than 10 years ago in Washington, states The Washington Post.
Oleg Deripaska found himself in London without any problems.
Chinese trader CEFC can buy a 5% stake in En+ during the company's IPO.
The owner of Onexim Group will no longer be able to conduct business in Russia, and no one will be let the "genius businessman" earn in the West.
Boris Yeltsin's "granddaughter" can leave Oleg Deripaska for the now-single Roman Abramovich.
Mikhail Prokhorov may abandon the ranks of the company's shareholders by November.
Perhaps now they will seek to sell the blocking stake in Norilsk Nickel.
Oil and gas companies so far account for about a third of total dividend payments by Russian companies, but have already reduced them by 15%. The leader in dividends is still MMC Norilsk Nickel with 141 billion rubles.
Rusal reportedly intends to get cheap Chinese loans in exchange for lobbying the interests of China on the shores of Lake Baikal.
In May, En + can initiate a public offering of a 20% stake for about $2 billion.
En + is preparing to sell shares for $1.5 billion.
Discount to the closing price on the Hong Kong Stock Exchange amounted to 9%.
Oleg Deripaska's UC Rusal may face a conflict around shares: according to Bloomberg, the company intends to issue new shares and place 20% of shares on the stock exchange in London. But minority shareholders, including Viktor Vekselberg, Mikhail Prokhorov and Glencore, are threatening to block it.
The deal with Sual Partners if Viktor Vekselberg and Leonard Blavatnik may never happen.
All costs are compensated by smelting copper and platinum group metals.
Russian billionaire Roman Abramovich has arranged a new year party on one of the Antilles, where he invited Paul McCartney and the Killers to perform; among his guests Russian oligarchs were seen.
Glencore and Qatar sovereign fund buy 19.5% stake in the company for 10.5 billion euros.
Whose money billionaire Oleg Deripaska will use on a mega project near the Lake Baikal? Experts suspect that the oligarch eyes the government pocket.
How Mikhail Prokhorov became an American billionaire.
The package will be bought by the co-owner of the company, Sual Partners owned by Viktor Vekselberg and Leonard Blavatnik.
Viktor Vekselberg's move with Rusal crossed the road of Timchenko and Rotenberg.
London's High Court upheld a lawsuit of Rusal against the LME. The exchange now must cancel new rules for storage policy that threatened the aluminum company with losses.
UC Rusal continues to incur losses. Aluminium prices are still below the cost of production of the company. The dividends of "Norilsk Nickel" will help to pay off the company's debts.