In 2014, UC Rusal’s net profit made up $293 million as compared with loss of $3.322 billion in 2013

Proceeds from the sale of primary aluminum and alloys decreased by 4.1% to $7.823 billion. The decrease in revenues was primarily caused by a decline of in sales volume of primary aluminum and alloys by 6.9% in connection with the implementation of programs to reduce inefficient facilities. This decline was largely offset by an increase of the average sales price of aluminum by 3% in comparison with 2013 by improving the dynamics of the aluminum price on the LME, as well as due to an increase of the average premium to the price of aluminum on the LME by 42.3% in different regions (to an average $380 per ton from $267 per ton in 2014 and 2013 respectively).

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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