UC Rusal announces plans to demerge high-carbon assets and rebrand as AL+

May 25, 2021

UC Rusal, a leading aluminium producer headquartered in Moscow, Russia, has announced a proposal to demerge its high-carbon assets and change the company name to AL+.

UC Rusal, acting as AL+, will retain the majority of production assets and will have a focus on sustainability, further developing its inert anode technology in pursuit of carbon-free aluminium production. A newly-created company, consisting of UC Rusal’s higher-carbon assets, including alumina refineries and smelters throughout Russia, which will focus undertake a long-term modernisation programme to reduce emissions via technologies such as carbon capture.

“This announcement is another major step in our journey to lead the global aluminium industry into the low carbon economy,” stated Lord Gregory Barker, executive chairman of the En+ Group. “AL+ will be a market leader in green aluminium production as measured by carbon footprint and other environmental credentials. However, this demerger additionally secures the future of important assets in Russia that also have a future in a low-carbon world, but which require a fundamentally different approach to technology and a different investment path to our major international businesses.”

This proposed demerger remains subject to approval by regulatory bodies and consultations with key stakeholders. Further details of the demerger plan will be forthcoming.

www.rusal.ru

www.enplusgroup.com

In the latest issue of PM Review…

Download PDF

Extensive Powder Metallurgy industry news coverage, and the following exclusive deep-dive articles and reports:

  • “Scrap is the new gold” and other hardmetal and hard materials insights from Euro PM2023 Congress, Lisbon
  • IperionX: A Powder Metallurgy route to lower-cost recycled titanium plate, billet, bar and preforms with reduced CO2 emissions
  • A review of the sintering of iron-copper-carbon alloys for structural Powder Metallurgy applications

The latest news from the world of metal powders, delivered to your inbox

Don't miss any new issue of PM Review, and get the latest industry news. Sign up to our weekly newsletter.

Sign up

Join our community

Discover our magazine archive…

The free-to-access PM Review magazine archive offers unparalleled insight into the world of Powder Metallurgy from a commercial and technological perspective through:

  • Reports on visits to leading PM part manufacturers, metal powder manufacturers and industry suppliers
  • Articles on technology and application trends
  • Information on materials developments
  • Reviews of key technical presentations from the international conference circuit
  • International industry news

All past issues are available to download as free PDFs or view in your browser.

 

Browse the archive

 

Looking for PM production equipment, metal powders, R&D support and more?

Discover suppliers of these and more in our
advertisers’ index and buyer’s guide, available in the back of PM Review magazine.

  • Powders & materials
  • Powder process, classification & analysis
  • PM products
  • Atomisers & powder production technology
  • Compaction presses, tooling & ancillaries
  • Sintering equipment & ancillaries
  • Post-processing
  • Consulting & toll sintering
View online
Share via
Copy link