RUSAL benefits from rising aluminum prices
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Update time : 2021-05-06 16:59:14
United Company RUSAL (RUSAL) was expected to benefit from rising aluminum prices. With its 27.8% shares in Norilsk Nickel (Nornickel), RUSAL was predicted to have a dividend inflow of US$1.7 billion this year.
According to RUSAL, the annual demand for primary aluminum will rise by 5-6% this year if the vaccine development, policy stimulus plan, and the curb in the COVID-19 epidemic proceed well. Accelerating the long-term green technology development will help promote aluminum demand in the future.
