Rusal plans spin-off and changes its own name to AL+
AL+ to focus on the production of low-carbon aluminium
19 May 2021 - 17:19
Moscow — Russian aluminium producer Rusal said on Wednesday that it would demerge its higher-producing carbon assets into a separate company as part of its goal to achieve carbon neutrality by 2050 and will change its own name to AL+ as part of the process.
Hong-Kong listed Rusal is the world’s largest aluminium producer outside China, which mainly uses hydropower for its production. Chinalco is the largest and Rio Tinto ranks fifth...
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