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Syberian-Urals Aluminum Company

October 4, 2004

Pikalevo alumina and Volkhov aluminium become SUAL subsidiaries

The process of consolidating OAO Metallurg into OAO Siberian-Urals Aluminium Company is now complete. On 30 September 2004, Pikalevo Alumina and Volkhov Aluminium, former subsidiaries of OAO Metallurg, became subsidiaries of OAO SUAL.

Volgograd Aluminium and the OAO Metallurg's subsidiaries, Pikalevo Alumina and Volkhov Aluminium, were integrated into the SUAL Group production chain in 2002, after a preliminary agreement was reached with the SevZapProm management company to merge these assets. It is expected that Volgograd Aluminium will become a subsidiary of OAO SUAL by the end of this year.

Notes to Editors:

About SUAL

The SUAL Group is a vertically integrated business among the ten largest aluminium producers in the world. It comprises industrial enterprises involved in the mining of bauxite and production of alumina, primary aluminium, silicon, semi-finished and finished aluminium products.

Annually, operations of the SUAL Group:

  • Mine some 4.4 million tonnes of bauxite
  • Refine more than 2 million tonnes of alumina
  • Produce some 890,000 tonnes of primary aluminium
  • Produce more than 50,000 tonnes of silicon
  • Manufacture more than 110,000 tonnes of aluminium products.

Currently subsidiaries of OAO SUAL, which is part of the SUAL Group, comprise Bogoslovsky Aluminium (BAZ), Ural Aluminium (UAZ), Irkutsk Aluminium (IrkAZ), Kandalaksha Aluminium (KAZ), Nadvoitsy Aluminium (NAZ).

OAO Metallurg has two subsidiaries, namely Pikalevo Alumina and Volkhov Aluminium. Metallurg's subsidiaries produce up to 250,000 tonnes of alumina and more than 22,000 tonnes of primary aluminium a year.

 

 

 

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