Rusal has more than 14 million tons of bauxite reserves in the new quarry in the Republic of Comi.

Published: Apr 27, 2021 16:53
Source: SMM compilation

Rusal, the global leader in bauxite production, has begun mining bauxite with reserves of more than 14 million tons at a new quarry at the Vezhayu-Vorykvinskoye deposit in the Republic of Comi.

The new No. 4 open-pit mine will be the largest open-pit mine in the Sredne Timansky bauxite mine. The preparation of the mining infrastructure took three years, during which the miners of the Timan bauxite mine successfully completed a considerable stripping operation of 19.5 million cubic metres. In addition, treatment facilities have been developed and put into use, and the necessary mining equipment has been purchased.

Yakov Itskov, director of Rusal Alumina Division, said that the development of Sredne-Timansky bauxite is the basis for a stable supply of bauxite to Rusal's alumina refinery. In addition, in the long run, the project will enable Timan bauxite to contribute to the socio-economic well-being of the region.

In December 1992, the Timan bauxite enterprise was established and supplied the ore from its deposits to Rusal's alumina refinery in Ural.

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
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Feb 7, 2026 17:24
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
Feb 7, 2026 17:24
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Feb 7, 2026 17:23
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
Feb 7, 2026 17:23
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Feb 7, 2026 17:23
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
Feb 7, 2026 17:23