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27 August
MOSCOW,
Press Release
|
RUSAL and RusHydro agree on major issues on launching Boguchanskaya HPP ahead of scheduleRUSAL and RusHydro, the partners in the BEMO project, held an extended meeting to discuss the launching of the Boguchanskaya HPP, part of the BEMO project, ahead of schedule. |
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26 August
MOSCOW,
Press Release
|
RUSAL’s statement on RusHydros positionIn relation to RusHydro’s acting head Vasily Zubakin saying that after the accident RusHydro will find reasons to avoid fulfilling obligations under its contracts, RUSAL, as the largest consumer of energy generated by the Sayano-Shushenskaya Hydro Power Plant, issued a statement. |
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20 August
MELBOURNE,
Press Release
|
Rio Tinto announces underlying earnings of $2.6 billionRio Tinto announced its first-half results. Its underlying earnings slumped 54%. |
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18 August
MELBOURNE,
Press Release
|
Amcor offers to acquire parts of Alcan PackagingAmcor has offered to acquire parts of Alcan Packaging for US$2025 million from Rio Tinto. The Alcan Packaging businesses which Amcor has agreed to acquire include: Alcan Packaging Global Pharmaceuticals, Alcan Packaging Food Europe, Alcan Packaging Food Asia and Alcan Packaging Global Tobacco. |
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17 August
MOSCOW,
Prime- TASS
|
Accident at major Russian hydropower plant kills 7 peopleSeven people were killed and 11 people were injured in an accident that occurred early Monday at Russia’s Sayano-Shushenskaya hydropower plant on the Yenisey River in the constituent republic of Khakasia, Dmitry Kudryavtsev, head of the Emergency Situations Ministry’s Siberian branch, told ITAR-TASS. |
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12 August
MELBOURNE,
Press Release
|
BHP Billiton Results for the Year Ended 30 June 2009Today BHP Billiton released its financial results for the year ended 30 June 2009. While Underlying EBIT decreased by 25.0 per cent to US$18,214 million, we generated record net operating cash flows (up six per cent to US$18,863 million). The outstanding cash flow result has allowed us to reduce our net debt to US$5,586 million and continue to invest strongly in our capital and exploration programs (US$10,735 million). |
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10 August
MOSCOW,
Prime TASS
|
Russia’s RUSAL may pay debts through IPO, cash flowRussian aluminum producer United Company RUSAL may repay a large part of its debts with funds raised from an initial public offering (IPO) scheduled within two years, the company said Monday citing Oleg Mukhamedshin, RUSAL’s director for capital markets. |
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6 August
MOSCOW,
Press Release
|
RUSAL CEO visits GuineaUC RUSAL, the world’s largest aluminium and alumina producer, is pleased to announce that Oleg Deripaska, RUSAL’s CEO, visited Guinea during his tour of the company’s production facilities. As part of the Guinea visit the head of RUSAL had a series of meetings with the management of the company’s operations in Guinea and representatives of local communities. |
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4 August
MELBOURNE,
Press Release
|
Jac Nasser To Be BHP Billiton Chairman Don Argus To Retire In Early 2010The BHP Billiton Board today announced that Jac Nasser will succeed Don Argus as Chairman when Mr Argus retires as Chairman and a Non-executive Director in early 2010. |
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3 August
ATLANTA,
Press Release
|
Novelis First Quarter Pre-Tax Income of $273 Million Shows Significant Improvement over Previous QuarterNovelis Inc., a subsidiary of Hindalco Industries Limited, today reported pre-tax income of $273 million for the first quarter of fiscal 2010, which ended June 30, 2009. This represents a $211 million increase as compared to pre-tax income of $62 million for the fourth quarter of fiscal 2009. Net income attributable to the companys common shareholder was $143 million for the first quarter, a $159 million increase over the $16 million loss recorded in the previous quarter. |
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3 August
LONDON,
Press Release
|
Rexam to reduce beverage can capacity in RussiaRexam, the global consumer packaging company, announces that it is to cease making beverage cans and can ends at its Dmitrov plant near Moscow to address the continued weakness in the Russian beverage can market. |
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3 August
OSLO,
Press Release
|
LAquila project chooses Domal for reconstructionHydros Domal brand will serve as an exclusive supplier of aluminium building systems for one of the projects to reconstruct LAquila, the medieval Italian city that was leveled in April from one of the deadliest earthquakes in its history. |