HONG KONG, March 1. /TASS/. Rusal has suspended production at their Nikolaev Alumina Refinery in view of developments in Ukraine, the Russian aluminum producer said in its statement posted on Tuesday on the Hong Kong Stock Exchange.
"Rusal announces that due to unavoidable logistical and transport challenges on the Black Sea and surrounding area, it has been obliged to temporarily halt production at the Nikolaev Alumina Refinery located in Nikolaev Region, Ukraine," the company said.
"Although alumina production will be severely curtailed in the short term at this site, there is no immediate wider impact on the production of aluminum at the Group’s associated aluminum smelters," Rusal noted.
"The Group’s number one priority remains the welfare and safety of our employees and their families in Ukraine and the Company will continue to take whatever steps necessary to keep them safe and to secure the continuity of the business," the aluminum producer added.
The Nikolaev Alumina Refinery is producing over 1.7 mln tonnes of alumina annually.