Rusal will inject 4.5 billion rubles into the modernization of Sayanogorsk and Khakas aluminum smelters

Published: Mar 1, 2021 13:20
Source: SMM compilation

Recently, Russian aluminum company (RUSAL) announced that it will invest 4.5 billion rubles this year to modernize its Sayanogorsk and Khakas aluminum smelters.

Most of the money will be used to enhance the production of electrodes, install new equipment in the foundry sector and improve the energy efficiency of enterprises. Rusal will carry out a large-scale modernization of the anode baking furnace in the electrode production facility as part of the modernization of the Sayanogorsk smelter. The new advanced equipment will reduce the environmental impact of the smelter, improve the energy efficiency of enterprises and improve the quality of products. It is understood that the construction and installation of the project is scheduled to be completed by the end of 2023.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
[SMM Flash News] China Tightens Control Over Primary Aluminum Capacity; Prices Rise in Afternoon Trading
5 hours ago
[SMM Flash News] China Tightens Control Over Primary Aluminum Capacity; Prices Rise in Afternoon Trading
Read More
[SMM Flash News] China Tightens Control Over Primary Aluminum Capacity; Prices Rise in Afternoon Trading
[SMM Flash News] China Tightens Control Over Primary Aluminum Capacity; Prices Rise in Afternoon Trading
Market reports indicate that China is further regulating the operation of primary aluminum capacity, leading to a reduction in excess production in parts of Guangxi. Market Performance: In the afternoon session, the SHFE aluminum contract closed up 0.53% at 24,570 yuan/ton, having earlier touched a high of 24,710 yuan/ton. Among listed companies, Chalco (China Aluminum) hit the daily price limit with a 10.01% gain, Nanshan Aluminum rose 8.81%, Yunnan Aluminum Co. gained 7.39%, and Hongqiao Holdings climbed 8.14%.
5 hours ago
[SMN Flash News] RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt
5 hours ago
[SMN Flash News] RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt
Read More
[SMN Flash News] RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt
[SMN Flash News] RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt
Market sources report: RTA first Q3 '26 CIF MJP Premium Offer at US$460/mt. Validity 05 June 2026.
5 hours ago
【SMM Aluminum Flash News】Tianshan Aluminum's 1.4 Million-Ton Green Project Hits First Power-On Milestone in Xinjiang
8 hours ago
【SMM Aluminum Flash News】Tianshan Aluminum's 1.4 Million-Ton Green Project Hits First Power-On Milestone in Xinjiang
Read More
【SMM Aluminum Flash News】Tianshan Aluminum's 1.4 Million-Ton Green Project Hits First Power-On Milestone in Xinjiang
【SMM Aluminum Flash News】Tianshan Aluminum's 1.4 Million-Ton Green Project Hits First Power-On Milestone in Xinjiang
On May 24th, the 1.4 million-ton green and low-carbon energy efficiency improvement project for electrolytic aluminum at Tianshan Aluminum, undertaken by the Seventh Metallurgical Installation Company of Guizhou Construction Investment Group, successfully achieved its first power-on milestone. All operational indicators were excellent and met all standards, marking a significant milestone in the project's commissioning. Located in the Xinjiang Uygur Autonomous Region, the project's Seventh Metallurgical Installation Company was primarily responsible for core construction tasks, including civil engineering of the electrolytic workshop, flue gas purification area engineering, electrical installation of the electrolytic workshop, and electrolytic cell fabrication and installation.
8 hours ago