Business news from Ukraine

Business news from Ukraine

RUSAL PLANS TO INCREASE CAPACITY OF MYKOLAIV ALUMINA PLANT BY 100,000 TONNES IN 2018

30 July , 2015  

KYIV. July 30 (Interfax-Ukraine) – Rusal (Russia) intends to complete the construction of facilities to expand the production capacity of Mykolaiv alumina plant from 1.6 million tonnes to 1.7 million tonnes in 2018.

“We will complete building facilities to expand the production capacity to 1.7 million tonnes in 2018,” the plant said in a press release.

The plant said that in 2014, it implemented the first phase of a project on the shipment of alumina in soft wagon inserts, which allowed the company to ship up to 50,000 tonnes of alumina per month. In 2015, the plant completed the implementation of the second phase of the project to increase alumina shipment in soft wagon inserts to 80,000 tonnes per month, which allowed for saving about $15 million a year. This year, the plant will modernize railway scales at the alumina loading site, which will increase wagon loading and reduce costs for goods transportation.

Some UAH 339.6 million was paid to budgets of different levels in 2014, while in the first half of 2015 – UAH 265 million.

Mykolaiv alumina plant is the only Rusal company present in Ukraine, which produces gallium. The volume of its production exceeds 13 tonnes per year, accounting for about 10% of global production of this metal.