Rusal net profit up in 2018 despite OFAC sanctions; positive for year ahead

By IM Staff
Published: Thursday, 07 March 2019

The Russian aluminium producer forecasts a positive 2019 after a volatile aluminium market last year.

By Alice Mason

UC Rusal’s net profit rose by 39% year on year in 2018, despite the aluminium producer operating under trading sanctions imposed by the United States for the majority of the year, Rusal said in its results statement on Thursday March 7. 

Rusal recorded a net...

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