Russia’s RUSAL sees weak results in CY22

  • One of Russia’s largest aluminium producers, RUSAL, recorded alumina output at 5.95 mnt in CY22, a decrease of 28.3% y-o-y. Production fell due to the suspension of operations at the Nikolaev refinery.
  • Aluminium production amounted to 3.83 mnt, largely stable y-o-y.
  • EBITDA fell by 29.9% y-o-y to $2,028 million compared to $2,893 million in CY21.
  • Net profit decreased by 44.4% y-o-y to $1,793 million in the year under review.

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