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United Co RUSAL ( (HK:0486) ) just unveiled an update.
United Co RUSAL has announced an addendum to its existing heat supply contract with an associate of En+, which will provide heat energy to RUSAL Sayanogorsk JSC. This contract, effective until December 2025, outlines the purchase of thermal energy in steam form, with an estimated supply of 110,300 Gcal and an increase in consideration payable amounting to USD 203,301. This agreement is part of a series of continuing connected transactions, reflecting RUSAL’s strategic efforts to secure essential energy resources, thereby potentially enhancing its operational stability and market positioning.
More about United Co RUSAL
United Co RUSAL is an international public joint-stock company, incorporated under the laws of Jersey and continued in the Russian Federation. It operates primarily in the aluminum industry, focusing on the production and supply of aluminum and related products.
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