News. Russian non-ferrous metallurgy news

Nornickel’s Board of Directors approved an updated policy for engaging with indigenous peoples. Developed with input from independent experts and through consultations with indigenous communities and associations, the new policy integrates international standards, United Nations guidelines, and best practices. It outlines procedures for interaction, due diligence measures, and emphasizes the UN-backed principle of free, prior, and informed consent. The policy acknowledges the vulnerability of ...

This year, within the framework of the 30th International Industrial Exhibition Metal-Expo'2024, the organisers have successfully brought together a number of companies from the non-ferrous metals sector in a single exhibition space. A separate pavilion (No. 8, Hall No. 1) at Expocentre Fairgrounds at Krasnaya Presnya will host leading producers of aluminium, copper, titanium, zinc and non-ferrous metal alloys from 29 October to 1 November. VSMPO-AVISMA Corporation, a leading producer of titanium ...

Nornickel, the world’s largest producer of palladium and Class I nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the first quarter of 2024 and full year 2024 production outlook. In 1Q 2024, the Company increased the output of palladium and copper as compared to the same period of last year. The temporary decrease in nickel production was attributed to accumulation of work-in-progress inventory, which will be processed in the second ...

Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces stock split. As a result of this operation one share is converted into 100 shares of the same category. Earlier, an Extraordinary General Meeting of Shareholders (EGM) approved the decision to split the Company’s ordinary shares at a ratio of 100. The shares have been converted on April 4, 2024 in accordance the records in accounts opened by the registrar responsible ...

RUSAL, one of the world's largest aluminium producers, has successfully completed development and began field-scale tests of a new generation of MaxiFlow billets, version 2.0. This innovation will enable RUSAL's customers to significantly increase extrusion speed and overall production efficiency. The predecessor of this new product – MaxiFlow 1.0 – has already become one of the most in-demand products within RUSAL's product line. MaxiFlow 2.0 is the next generation of High Speed 6000 series ...

Nornickel, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces preliminary consolidated production results for the fourth quarter and the full year 2023 and production outlook for the full year 2024. Senior Vice-President — Operational Director, Sergey Stepanov commented on the production results, “In 2023, the Company slightly decreased the output of all key metals, except for platinum, as a result of lower mined rich and cuprous ...

The Cypriot company GRK EASTERN GEOLOGY LIMITED, which is in the process of liquidation, was excluded from its ownership structure. Its shareholders received shares of Holding Company BYSTRA in proportion to their stakes in the authorised capital, thus the distribution of shares among the shareholders of Bystra remained unchanged: Nornickel — 50.01%, Interros — 36.66% and United Resources Limited (a structure of the HOPU Investments fund) — 13.33%. Vladimir Potanin, President of Nornickel, commented: ...

RUSAL announces the creation of a new AlZn alloy for the automotive industry. The Company has been successfully running several R&D projects with top global automotive parts suppliers on proprietary AlZn alloy. The new alloy is developed on the basis of the Al-Zn-Mg system with additional alloying with Fe-Ni to improve manufacturability during casting. It has increased strength characteristics compared to those serial alloys that are widely used in the automotive industry. This high-strength ...