Rusal invests to upgrade SAZ
(Posted on 08/06/20)
RUSAL, a leading global aluminium producer, will invest approximately $190 million in modernising the production of electrodes at its Sayanogorsk Aluminum Smelter (SAZ) between 2020 and 2023. In addition to the positive economic effect this investment will bring, the modernization program will also help reduce the smelter’s environmental impact.
The reconstruction of three anode-baking furnaces at SAZ will be carried out in line with the best eco-friendly technologies using equipment supplied by a German company, Riedhammer GmbH.
This project will significantly improve the quality of the anodes and the energy efficiency indicators. Moreover, the anode baking area will be equipped with the new digital systems, and the information on the operations of the three furnaces will be transmitted to a unified control panel.
"Today the Sayanogorsk Aluminium Smelter is one of RUSAL’s most modern and technologically advanced enterprises. In addition to increasing the energy efficiency of the smelter, the implementation of the project to modernize the production of electrodes will also contribute to reducing the impact of the plant on the environment. Moreover, upon completing the upgrade of the furnaces, SAZ will be able to increase the production of fired anodes for the Company's smelters to secure the supply of our own high quality raw materials," said RUSAL’s CEO Evgenii Nikitin.
RUSAL is the leader of the global aluminium industry. In 2019, the Company accounted for about 5.9% of global production of aluminium and 6.3% of alumina production. RUSAL's offices are operating in 20 countries all over the world and across 5 continents. RUSAL common stock is traded at the Hong Kong Stock Exchange. RUSAL's ordinary shares are traded on the Moscow Exchange.
Latest News
Bauxite and aluminium businesses deliver stable Rio Tinto results
(Posted on 18/04/24)Bauxite production of 13.4 million tonnes was 11% higher than the first quarter of 2023 for Rio Tinto... Read more
Rio Tinto spends more than A$16.1 billion with Australian suppliers
(Posted on 15/04/24)Rio Tinto increased its spend with suppliers and local businesses in Australia to more than A$16.1 billion... Read more
Cargill increases its renewable energy capacity by more than 40%
(Posted on 15/04/24)Cargill has reported increasing its contracted renewable energy capacity by 42% after signing five new... Read more
Agreement to set up KEZAD steel recycling and production facility
(Posted on 29/03/24)The UAE’s largest operator of integrated and purpose-built economic zones, Khalifa Economic Zones... Read more
Senate legislation includes phosphate and potash as critical minerals
(Posted on 25/03/24)The Fertilizer Institute (TFI) has praised the U.S. Senate for introducing bipartisan legislation to... Read more
Agribusiness expert’s legacy and optimism for GrainCorp’s future
(Posted on 18/03/24)Farmer, Company Director and long-standing member of the GrainCorp Board of Directors, Dan Mangelsdorf... Read more
Research offers Rotterdam guidelines for raw material transition
(Posted on 15/03/24)Different product processes, non-fossil raw materials and rare materials are crucial for a CO2-neutral... Read more
Bunge Chevron Ag Renewables to build Louisiana processing plant
(Posted on 10/03/24)Bunge and Chevron have announced approval of a final investment decision for their joint venture Bunge... Read more
Funding to decarbonise iron ore processing in Labrador West
(Posted on 29/02/24)The Government of Canada HAS awarded C$18.1 million from its Low Carbon Economy Fund to Rio Tinto&rsquo... Read more
Australia’s biggest renewables deal to repower Gladstone aluminium operations
(Posted on 22/02/24)Rio Tinto has signed Australia’s largest renewable power purchase agreement (PPA) to date to supply... Read more
