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WHO WE ARE  /  HISTORY

HISTORY

2008

UC RUSAL acquires 25% plus two shares of Norilsk Nickel

UC RUSAL acquires the Baoguan cathode plant in China

UC RUSAL launches the ALSCON aluminium smelter (Nigeria)

UC RUSAL launches two first potrooms of the 5th potline at the Irkutsk Aluminium Smelter

2007

UC RUSAL launches full capacity of the Khakas Aluminium Smelter.

A large-scale environmental modernisation of the Bratsk Aluminium Smelter, the world's largest aluminium smelter, begins.

UC RUSAL starts construction of the Taishet Aluminium Smelter.

UC RUSAL begins construction of Komi Aluminium, the largest bauxite and alumina complex in Eurasia.

UC RUSAL and HydroOGK start construction of the Boguchansk Aluminium Smelter.

The merger is completed and United Company RUSAL, the world’s largest aluminium company, is created.

2006

The agreement for the establishment of United Company RUSAL by merging the aluminium and alumina assets of three companies is signed: RUSAL, previously the third largest global aluminium company; SUAL, one of the world’s top ten players in the aluminium industry, and the alumina assets of Glencore (Switzerland).

RUSAL buys the majority stake in the Aroaima Mining Company in Guyana.

RUSAL acquires the ALSCON Aluminium Smelter in Nigeria.

RUSAL purchases a cathode plant in China.

RUSAL’s Alumina Division adds Eurallumina (an alumina refinery in Italy) to its list of assets.

RUSAL commissions the Khakas aluminium smelter, which, by today’s standards, is the most advanced aluminium production facility in the world.

RUSAL signs an agreement with HydroOGK to biuld Boguchanskoye Energy and Metals Complex.

RUSAL completes privatisation of the Friguia alumina refinery in the Republic of Guinea.

2005

SUAL and RUSAL sign an agreement for joint participation as equal partners in the Komi Aluminium project (construction of a bauxite and alumina complex in the Komi Republic, Russia).

RUSAL completes the divestiture of its Samara and Belaya Kalitva rolling mills, selling them to Alcoa.

RUSAL purchases a 20%-stake from Kaiser Aluminium in the world’s largest alumina refinery QAL (Queensland Alumina Limited) located in Australia, making RUSAL the largest Russian investor in Australia.

2004

RUSAL commissions Stage 2 of ROSTAR, a beverage can production facility in Vsevolozhsk.

RUSAL buys the Boksitogorsk alumina refinery.

RUSAL becomes wholly owned by Basic Element.

SUAL reorganises its structure by adding the Volgograd Aluminium Smelter, the Volkhov Aluminium Smelter and the Pikalevo Alumina Refinery as branches of SUAL.

SUAL buys the Zaporozhye Aluminium Complex in Ukraine, the first of SUAL’s businesses outside of Russia.

2003

RUSAL acquires the VAMI R&D institute in St Petersburg, Russia.

RUSAL’s holding company, Basic Element, increases its stake in RUSAL up to 75%.

SUAL, Access Industries (Eurasia) and  Fleming Family and Partners, a group of international investors based in the UK, sign a cooperation agreement and announce plans to create a united international industrial group of companies.

SUAL approves new management structure.

2002

RUSAL acquires the Friguia alumina refinery in the Republic of Guinea.

RUSAL founds an Engineering and Technology Centre (ETC).

SUAL buys out over 90% of the shares in the Nadvoitsy aluminium smelter.

SUAL commissions a private railway between the Middle Timan bauxite deposit and the regional railway network of the Komi Republic.

SUAL merges its aluminium assets with the aluminium business of SevZapProm. This increases SUAL's assets to 19 production facilities including the Volkhov and Volgograd aluminium smelters and the Pikalyovo alumina refinery.

2001

RUSAL buys the controlling stake in the Novokuznetsk aluminium smelter.

RUSAL begins to manage the operations at the CBK mining complex in the Republic of Guinea.

SUAL purchases a 37% stake in the Nadvoitsy aluminium smelter.

2000

RUSAL, which comprises the aluminium and alumina assets of Sibirsky Alumini (Basic Element) and Sibneft, is created.

RUSAL buys the controlling stake in the ARMENAL foil mill (Armenia) and the Belaya Kalitva rolling mill.

1999-2000

SUAL Managing Company (SUAL Holding) is created.

SUAL and Trustconsult merge their aluminium assets.

SUAL purchases the Bogoslovsk and Kandalaksha aluminium smelters.

1997-1998

SUAL begins the prospecting of the Middle Timan bauxite deposit.

1996

The Siberian and Urals Aluminium Company (SUAL) is created as a result of the merger of the equities of the Irkutsk and Ural aluminium smelters.

1974

The creation of Glencore (Switzerland), which became the world’s largest private company, specialising in the production and processing of metals, and also in the trading of metals, oil and agricultural products.


History of the Russian aluminium industry
The aluminium industry in Russia is considered to have been founded on 14th May 1932 when the Volkhov smelter in the Leningrad region produced its first batch of aluminium. One year later, the first aluminium was produced by the Dneprovsky smelter in the Ukraine. Despite the fact that in later years these smelters were steadily boosting output, it was not enough to meet the growing demands of the economy and construction of new production facilities in Russia began.
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