Almost 18,000 civilians evacuated from areas of Aleppo controlled by militantsWorld December 10, 7:41
Russian swimmers win 11 sets of medals at FINA World Swimming Championships (25 m)Sport December 10, 7:00
Shiveluch volcano in Russia’s Far East spews ash to 11 km in airWorld December 10, 5:28
Ceasefire agreements enter into force near Damascus, in Idlib province ― mediaWorld December 10, 4:18
Russian pair Tarasova/Morozov win final of ISU Grand Prix of Figure Skating in MarseillesSport December 10, 4:00
Matviyenko to visit UAE to participate in Forum of Women Speakers of ParliamentRussian Politics & Diplomacy December 10, 3:21
Doping samples of all athletes from past three Olympics should be re-analyzed ― lawmakerSport December 10, 2:01
Russia’s figure skater Medvedeva leads with world record after SP at Grand Prix finalsSport December 10, 1:28
Russian energy minister expects OPEC, non member countries to sign agreement on oil outputBusiness & Economy December 10, 0:46
It said total first-half aluminium output fell by 10.8% to 1.78 million metric tons from a year earlier, following a plan to cut output at inefficient smelters that has helped to pare back costs by 9.8% “There was a major improvement in Rusal’s financial results in the second quarter compared to the first quarter, which was a result of a recovery in the aluminium price, a rise in average realised premiums, and tight cost controls,” said Oleg Deripaska, the company’s chief executive. The company expects to produce 1.8 million metric tons of aluminium in the second half.
Rusal is the world’s aluminium sector leader. In 2013, the company accounted for some 8% of the world aluminium production. The company employs 69,000 people. Rusal operates in 19 countries. Rusal ordinary shares are traded on the Hong Kong Exchange.
According to Rusal, the world aluminium consumption in the first half of 2014 decreased by 6% - to 27 million metric tons, from the similar period of the previous year. The aluminium demand has had the highest growth in China (13%), Japan and South Korea (10%), Central and South America (5%). In North America the aluminium demand growth was 4.3% According to Rusal forecasts, in 2014 the world aluminium consumption will increase by 6.5% - to 55 million metric tons, and this year’s deficit on the world market of aluminium will be 1.5 million metric tons.