Port of StocktonSailors SocietyVan AalstCleveland Cascades LtdTMS Awards 2021Vigan
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Telestack
  • Vigan
  • TOC Events
  • Bühler GmbH
  • TBA Group

Rusal announces Chairman’s resignation

Rusal announces Chairman’s resignation

(Posted on 07/01/19)

UC Rusal, one of the world’s largest aluminium producers, has announced the resignation of Matthias Warnig, the Company’s Chairman of the Board of Directors.

After six years of successful work Matthias Warnig, independent non-executive director and Chairman of the Board of Directors of one of the world’s largest aluminum producers UC RUSAL Plc, announced his resignation as the Chairman of the Board of Directors. “I am confident that I can hand over to my successor a successfully developed company. My mission is completed,” said Mr. Warnig. “With the planned de-listing of the company from the OFAC’s SDN List, we stand in front of a new strategic development, also in the Board of Directors, therefore now is the optimal point in time for the chairmanship change.”

Matthias Warnig was appointed as a member of the Board of UC RUSAL Plc in June 2012 and has chaired the Board since October 2012. His time in office embraced a comprehensive and successful restructuring of the company confronted with many challenges.  Cost structures were optimized, the debt has decreased substantially, so that after several years the shareholders could again be paid dividends. The election of the successor is planned for the next Board meeting on December 27, 2018. 

“I would like to thank every staff member of the UC RUSAL, the Management and my fellow colleagues at the Board of Directors for their continuous engagement and contribution to the joined success of the Company and to wish prosperity and positive development in the future”, said Warnig.

UC Rusal is a leading, global producer of aluminium, in 2017 accounting for approximately 5.8% of global production of aluminium and 6.3% of alumina. UC RUSAL employs 62,000 people in 20 countries, across 5 continents. UC RUSAL’s ordinary shares are listed on The Stock Exchange of Hong Kong Limited). UC Rusal’s ordinary shares are listed on Moscow Exchange.

Latest News

thyssenkrupp sells mining business to FLSmidth

(Posted on 29/07/21)

thyssenkrupp has announced the sale of its Mining Technologies business unit to the Danish company FLSmidth... Read more


Rio Tinto progresses studies for underground mining at Kennecott

(Posted on 26/07/21)

Rio Tinto has approved a $108 million investment in underground development to enable early orebody... Read more


En+ Group sustainability report sets new targets

(Posted on 20/07/21)

En+ Group, the world’s largest producer of low carbon aluminium, has published its 2020 Sustainability... Read more


Rusal to supply Rheinfelden with low carbon aluminium

(Posted on 15/07/21)

Rusal, a leading global aluminium producer, has announced that it will supply its plant Aluminium Rheinfelden... Read more


Largest Korean steel producer and Rio Tinto sign climate MOU

(Posted on 11/07/21)

Rio Tinto and POSCO, the largest steel producer in South Korea and one of the world’s leading... Read more


BHP announces divestment of Cerrejón interest

(Posted on 05/07/21)

BHP has announced that it has signed a Sale and Purchase Agreement with Glencore to divest its 33.3... Read more


Galena fund: first for commodities industry

(Posted on 01/07/21)

Galena Asset Management, a wholly-owned investment subsidiary of Trafigura, one of the world’s... Read more


Force majeure declared at Richards Bay Minerals

(Posted on 01/07/21)

Rio Tinto has declared force majeure on customer contracts at Richards Bay Minerals (RBM) in South Africa... Read more


Rio Tinto to drive decarbonisation with Schneider

(Posted on 28/06/21)

Rio Tinto, a leading global mining and metals company, and Schneider Electric, the leader in digital... Read more


Rio Tinto deploys first fully autonomous water trucks

(Posted on 22/06/21)

Rio Tinto will deploy the world’s first fully autonomous water trucks at its $2.6 billion Gudai... Read more


TOC EventsThe Wolfson Centre for Bulk Solids Handling Technology Port of South LouisianaBühler GmbHCimbriaTelestack
  • TMS Awards 2021
  • Van Aalst
  • Port of Stockton
  • Cimbria
  • Sailors Society

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping