Page 31 - Bratsk News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Russian aluminium producer Rusal is planning to demerge its higher carbon assets into a separate company.

EN+ ANNOUNCES INTENTION TO DEMERGE HIGH CARBON ASSETS 19 May 2021 - En+ GROUP IPJSC (the "Company", "En+ Group" or "the Group") (LSE: ENPL; MOEX: ENPG), the world's largest producer of low-carbon aluminium and independent hydropower, warmly welcomes the announcement by its listed subsidiary UC RUSAL of its proposal to demerge its high carbon assets and to change its name to AL+. UC RUSAL has confirmed in principle the demerger of its metal segment into two companies: -  UC RUSAL ( RUSAL's management proposed to change the name of the company to ...

Published 19th May, 2021 by Nadine Bloxsome According to reports, En+ GROUP warmly welcomes the announcement by its listed subsidiary UC RUSAL of its proposal to demerge its high carbon assets and to change its name to AL+. UC RUSAL has confirmed in principle the demerger of its metal segment into two companies: UC RUSAL (RUSAL’s management proposed to change the name of the Company to “AL+”. The Board of Directors included this item into the Company’s annual shareholders meeting agenda, scheduled for June, 24th), which will retain the majority of production assets and will be focused...

This morning in metals news: UC Rusal will demerge its high-carbon assets; meanwhile, steel industry groups issued a renewed call to the Biden administration to ask him to keep the Section 232 steel tariff in place; and the copper price has picked back up this week. You want more MetalMiner on your terms. Sign up for weekly email updates here. UC Rusal to demerge high-carbon assets pvl/Adobe Stock En+ Group, parent group of Russian aluminum giant UC Rusal, announced today that the latter will demerge its high-carbon assets. In addition, UC Rusal also plans to change its name to AL+.

Russia: Arbitrary Detentions at Pro-Navalny Protests Less Police Violence, But Intimidation, Advanced Roundups A woman argues with a police officer during a protest in support of jailed opposition leader Alexei Navalny in Ulan-Ude, Russia, April 21, 2021. © 2021 AP Photo/Anna Ogorodnik (Moscow) – Russian police detained more than 1,600 people countrywide who were taking part in protests on April 21, 2021, against the treatment of the jailed and critically ill opposition figure Alexey Navalny, Human Rights Watch said today. Police also rounded up dozens of...