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united co rusal plc (486) Details

United Company RUSAL Plc produces and sells aluminum and related products. It is engaged in the mining and refining of bauxite and nepheline ore into alumina; the smelting of primary aluminum from alumina; and the fabrication of aluminum and aluminum alloys into semi-fabricated and finished products. The company’s products include primary aluminum, bauxite and alumina, aluminum alloys, high purity aluminum, foil and packaging, aluminum powders, silicon, chemical products, corundum, gallium, and wire rods. It is also involved in trading business; and provides repairs and maintenance services. In addition, the company is engaged in the mining and sale of coal; and the generation and transmission of electricity produced from various sources. It serves transportation, packaging, building and construction, consumer goods, and technology industries. United Company RUSAL Plc sells its products primarily in Europe, the Russian Federation, other countries of the Commonwealth of Independent States, Asia, and North America. The company is based in Moscow, the Russian Federation. United Company RUSAL Plc is a subsidiary of En+ Group Limited.

61,610 Employees
Last Reported Date: 08/27/14

united co rusal plc (486) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: $2.2M
Executive Director and Member of Standing Com...
Total Annual Compensation: $4.7M
First Deputy Chief Executive Officer, Executi...
Total Annual Compensation: $3.2M
Director of Public Relations, Executive Direc...
Total Annual Compensation: $728.0K
Director of International & Special Projects
Total Annual Compensation: $360.0K
Compensation as of Fiscal Year 2013.

united co rusal plc (486) Key Developments

UC RUSAL and Rospotrebnadzor Sign Agreement to Fight Ebola

UC RUSAL and Rospotrebnadzor have signed an agreement of cooperation to fight against the Ebola virus. The agreement sets out the assistance both parties will provide to the republic of Guinea and the health protection of Russian citizens in the country and the local population. RUSAL and Rospotrebnadzor will organise antivirus measures, vaccinations and provide diagnosis support to ensure the safety of the employees and work places for Company personnel in Guinea, to prevent and help detect the Ebola virus at its early stages. RUSAL provided Guinean medical institutions with medicines, disinfectants, and other special equipment. With the help of the company, a modern isolation ward was arranged in Simbaya, with delivery of a plasmapheresis is scheduled for October 25, 2014.

UC RUSAL Announces Update on Court of Appeal Upholds London Metal Exchange Appeal against High Court Ruling

UC RUSAL noted that the Court of Appeal has upheld the London Metal Exchange's appeal against the High Court judgment of Mr. Justice Phillips. The ruling by the Court of Appeal overturns the judgment of Mr. Justice Phillips who ruled that the LME's original consultation and subsequent proposed rule change were unlawful. He held that fairness required the LME to consult on alternative options and, in particular, the option of banning or capping warehouse rents. RUSAL continues to believe that the LME's consultation process was procedurally unfair, resulting in a decision which was neither fair, nor proportionate. Accordingly, it will be seeking permission to appeal the Court of Appeal's judgment to the Supreme Court. The company is disappointed by today's result. However, it notes that, as a result of changed conditions in the aluminium market, the LME's rule change, if now adopted, is likely to have little effect on queues or premiums. This is because, as a consequence of recent production cuts, the market is no longer in surplus but rather is in deficit. Accordingly, market conditions are fundamentally different than the conditions in existence at the time the rule change was first proposed. RUSAL had urged the LME during the initial consultation period to delay its proposed rule change and to release more data to the market so as to allow participants to make a proper assessment of its adequacy and impact. The LME declined to do so, either at that time or in the intervening period between the decision of Mr. Justice Phillips and today's Court of Appeal judgment. Accordingly, that judgment will do little to address the problems caused by disparities between the LME price and premiums or the general lack of transparency.

United Company RUSAL Plc Announces Change of Registered Office Address

United Company RUSAL Plc announced that the address of the registered office of the company in Jersey has been changed to 44 Esplanade, St Helier, Jersey, JE4 9WG. The registered office of Elian Corporate Services (Jersey) Limited (formerly known as Ogier Corporate Services (Jersey) Limited), being the Jersey company secretary of the Company, has also been changed to the address above.


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