RUSAL momentopname
Look out, aluminum industry -- The Russians are coming! The Russians are coming! RUSAL is among the world's top aluminum producers, along with Rio Tinto Alcan and Alcoa. Formed in 2000 from various parts of the old Soviet state apparatus, RUSAL produces about four million tons of aluminum, eight million tons of alumina, and 20 million tons of bauxite. Its aluminum business include packaging and foil operations in addition to a network of smelters. Those Soviet spare parts were significantly augmented in 2007 when the company merged with fellow Russian aluminum producer Sual and Glencore's alumina unit. RUSAL is controlled by CEO Oleg Deripaska, who had owned the company completely prior to the merger.