EconomyRusal promises to ‘minimize the socioeconomic consequences’ of mothballing loss-making plants
Rusal plans to temporarily mothball several Russian raw-materials facilities, including the Pikalyovo alumina refinery, the Severouralsk bauxite mine, and plants in Bogoslovsk and the Urals, Kommersant reports. The sites lose the company $800 million annually, while restoring the division would require $1.8 billion. Rusal is seeking state support and warns of possible layoffs in company towns, including Pikalyovo, where plant closures triggered major unrest in 2009.
MMeduza★★★☆☆2026-08-28 19:13Original
Rusal promises to ‘minimize the socioeconomic consequences’ of mothballing loss-making plants