RUSAL's net profit grows by 42% in H1 2024
Source: | Author:exhibition-100 | Published time: 2024-09-11 | 262 Views | 🔊 Click to read aloud ❚❚ | Share:



RUSAL, a global leading aluminum supplier in Russia, reported its adjusted net profit was US$446 million for the first half of this year, up by 41.6% compared to US$315 million in the same period a year ago.

The gain was mainly due to the company’s increase in its output of aluminum, alumina, and other products, and shipments to China also hit a record high.

During the period, RUSAL’s primary aluminum production totaled 1.96 million tons, and alumina production was 3 million tons, both of which were higher than the volume in the year-ago period. Besides, both aluminum and alumina prices experienced an increase during this period.