Russia's Rusal swings to annual loss on rising costs, lower aluminium output
Reuters
Mar 18
Russia's Rusal swings to annual loss on rising costs, lower aluminium output
March 18 (Reuters) - Russian aluminium giant Rusal RUAL.MM, 0486.HK reported on Wednesday a net loss for 2025, citing higher cost of sales and a decline in primary aluminium production that weighed on its overall performance.
The Hong Kong-listed company, the world's largest aluminium maker outside China, posted a net loss of $455 million for the year ended December 31, versus a net profit of $803 million in 2024.
(Reporting by Rajasik Mukherjee in Bengaluru and Anastasia Lyrchikova in Moscow; Editing by Sherry Jacob-Phillips)
((Rajasik.Mukherjee@thomsonreuters.com;))
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