United Company Rusal plc Announces Operating Results for the Second Quarter 2015; Provides Production Guidance for the Year 2015
July 27, 2015 at 08:22 pm EDT
United Company RUSAL Plc announced operating results for the second quarter 2015. For the quarter, the company reported total aluminium output amounted to 908,000 tons compared to 900,000 tons a year ago. Sales volumes amounted to 880,000 tons compared to 893,000 tons a year ago. Decrease in sales volumes resulted from the higher than normal sales in first quarter when shipment delays caused by port weather conditions in October to November 2014 were compensated. UC RUSAL volume of alumina production remained flat at 1,818,000 tons compared to 1,804,000 tons a year ago and bauxite production amounted to 3,223,000 tons compared to 3,003,000 tons a year ago.
The company expects flat year on year aluminium production volumes in 2015.