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Russian aluminium giant Rusal swings to first-half loss

Rusal has today reported a first-half net loss, as rising costs, higher interest expenses and foreign exchange fluctuations weighed on the Russian aluminium producer's earnings.

Business • 15 Aug

Pre-tax losses at the Russian owned company that operates the largest alumina refinery in Europe - on the Shannon estuary - last year totalled €108m

Aughinish Alumina on course to return to profit in 2025

Pre-tax losses at the Russian owned company that operates the largest alumina refinery in Europe located on the Shannon estuary last year totalled $113.64m (€108m).

Business • 12 Dec 24

Bauxite rock imported from Guinea at a Rusal aluminium factory

Rusal's Guinea bauxite exports grind to a halt amid war

Ore shipments from Russian aluminium giant Rusal's bauxite mines in Guinea have ground to a halt as the war in Ukraine disrupts the company's global operations, shipping data showed today.

Business • 30 Mar 22

Oleg Deripaska is a shareholder in the company that owns the Aughinish Alumina aluminium plant in Co Limerick

Sanctions on Aughinish Alumina shareholder Deripaska

The Department of Enterprise, Trade and Employment has said there are currently no indications of any impact on jobs in the Limerick-based Aughinish Alumina plant as a result of sanctions being imposed on Russian billionaire Oleg Derispaska.

Business • 10 Mar 22

Oleg Deripaska has close ties with Russian President Vladimir Putin

Russian sues US over sanctions on companies

Russian tycoon Oleg Deripaska is suing the United States, alleging that it had overstepped its legal bounds in sanctioning his companies.

Business • 15 Mar 19

US Senate Minority Leader Chuck Schumer described the lifting of the sanctions as a sham

US Senate vote on Aughinish Alumina sanctions fails

Democrats have failed to secure enough votes in the US Senate to block the lifting of sanctions affecting the Aughinish Alumina plant in Co Limerick.

Ireland • 16 Jan 19

Oleg Deripaska and the biggest companies in his empire were included on a US Treasury Department sanctions blacklist in April

Russia tycoon Deripaska resigns as director of Rusal

Russian metals tycoon Oleg Deripaska has stepped down as a director of his aluminium firm Rusal.

Business • 25 May 18

The US Treasury Department said it would consider lifting sanctions if Russian aluminium tycoon Oleg Deripaska ceded control of Rusal

Rusal's CEO and board members quit

Russia's largest aluminium producer, Rusal, said today its chief executive and seven board members have quit, and warned it may have problems servicing its debt due to the impact of US sanctions.

Business • 24 May 18

Rusal says Deripaska has not formally resigned

Russia's largest aluminium producer Rusal said today it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by US sanctions.

Business • 21 May 18

Rusal's Q1 earnings jump, but warns on sanctions impact

Russian aluminium giant Rusal today reported higher first-quarter recurring net profit amid stronger aluminium prices, but warned that sanctions imposed by the US in April could harm its business.

Business • 11 May 18

Rusal to change board to persuade US to lift sanctions

Russia's Rusal will overhaul its board and management in the hope the US will remove the aluminium firm from a sanctions list so it can restart shipments to its customers around the world, two sources told Reuters.

Business • 27 Apr 18

Russian tycoon Oleg Deripaska currently controls the aluminium giant Rusal

Rusal shares surge after US eases sanctions stance

Shares in Russian aluminium giant Rusal soared over 40% in Hong Kong today after the US Treasury said it would consider lifting sanctions if tycoon Oleg Deripaska gives up control of the company.

Business • 24 Apr 18

Rusal