Leading global aluminium producer RUSAL announced its operating results for Q3 of 2020. Aluminium production in 3Q20 totaled 939 thousand tonnes, up 1.3% QoQ, with Siberian smelters representing 93% of total aluminium output. In 3Q20, aluminium sales amounted to 1,008 thousand tonnes up 3.3% QoQ. During this period, sales of value added products increased by 25.4% QoQ, to 455 thousand tonnes, demonstrating a recovery of VAP share in total sales mix to 45% in 3Q20, compared to 37% in 2Q20, that was then affected by external market drivers related to the COVID-19 pandemic. In 3Q20 the Company continued to successfully adjust its regional sales geography in line with existing markets conditions. While the European destination decreased in share to 37% (vs 46% in 2Q20), Asia’s and Russia & CIS’s sales grew to 32% (vs 27% in 2Q20) and 24% (vs 20% in 2Q20) respectively

In 3Q20, total alumina production slightly increased by 0.4% QoQ, to 2,018 thousand tonnes. The Company’s Russian operations accounted for 35% of total output.

In 3Q20, bauxite production decreased by 1.6% QoQ, to 3,829 thousand tonnes. This decline of output was a result of unfavorable weather conditions in Guinea and Jamaica. Nepheline production increased by 2.9% QoQ, to 1,214 thousand tonnes.