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"Rusal" increased production of aluminum to nearly 2 million tons

OK «Rusal» in the first half of 2010 increased the production of aluminum by 1% — to 1.996 million tons, the company said. At the same time in the second quarter production increased by 5% compared to the first quarter. The company has reduced by 1% alumina output — up to 3.712 million tons, an 8% fall bauxite -. To 5.5 million tons in the second quarter alumina production increased by 3.7% in comparison with January — March of this year. During the six months it was issued 39.7 thousand. Tons of foil, which is 32% higher than a year earlier. The increase in production associated with the recovery of demand for this product. According to the report, the price of aluminum on the LME increased by 50% during this period (up to $ 2130 per ton) of alumina — 69% (up to $ 331 per ton). The average cost of aluminum production decreased by 2.3%, to $ 1706 per tonne in the first quarter to $ 1,666 per ton in the second quarter of 2010. Increased production is due primarily to the full commissioning in April 2010, the fifth electrolysis series at the Irkutsk aluminum smelter, as well as the resumption of work on the first industrial site of the Novokuznetsk aluminum smelter, which were suspended in late 2009 due to low demand for aluminum. The company also has restored production at the alumina plant Aughinish in Ireland and launched production at Ewarton alumina plant in Jamaica.

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