Rusal Names New Chairman
Reuters reported Rusal has appointed a new chairman after Viktor Vekselberg quite earlier in the week.
Articles Tagged "rusal"
Rusal Stock Plummets on Chairman Resignation
CNBC reported stocks in Russia's Rusal (HKG:0486) fell on Wednesday after it was announced Chairman Viktor Vekselberg resigned.
Rusal Chairman Said to Consider Plan to Sell Back Norilsk Stake
Bloomberg reported United Co. Rusal (RTB:OKSA) is considering a plan to sell Rusal’s 25 percent stake in OAO GMK Norilsk Nickel (LON:MNOD) back.
Rusal Slides as Norilsk’s Lower Offer Dims Deal Prospects
Bloomberg reports United Co. Rusal’s (HKG:0486) Russian depositary receipts dropped after OAO GMK Norilsk Nickel (MCX:GMKN) lowered its offer.
Norilsk Nickel Offers to Acquire 15% Stake Held by Rusal for $8.75 Billion
Bloomberg reports OAO GMK Norilsk Nickel (MCX:GMKN) offered to buy back a 15 percent stake held by United Co. Rusal (HKG:0486) for $8.75 billion.
Rusal Abandons Claim to Declare Invalid the Public Buy Back Offer of Corbiere Holdings Ltd
Mineweb reports the claim Rusal (EPA:RUSAL) made against Norilsk Nickel (LON:MNOD) and Corbiere was dismissed.
Norilsk Nickel $4.5bn buyback plan may further inflame RUSAL
Mineweb.com reports that it is likely that Norilsk Nickel's current share buyback plan will just antagonize Rusal.
Russian tycoon calls for EGM at Norilsk Nickel
Bloomberg.com reports that Rusal has called for the removal of the entire board at Norilsk Nickel
Nickel miners scale back
By Leia Michele Toovey- Exclusive to Nickel Investing News The global economic slowdown has impacted the stainless steel market, which has in turn curbed demand for nickel. Now, nickel market participants are struggling to stay afloat. The price of nickel used in stainless steel has slumped more than 60 per cent this year, and many [...]
Further downside expected for nickel
By Leia Michele Toovey- Exclusive to Nickel Investing News The price of nickel has been on a downward spiral since it touched a high of US$51,800 per tonne in May 2007. Currently, the metal has been operating in the US$12,400 range, and further declines are expected. Analysts predict that as the financial crisis spreads, nickel could [...]
