Aluminium producer Rusal's proposed move to split into two different businesses will not impact customer negotiations for 2022 contracts, but the effects are likely to be felt gradually from 2023 onward, company director of sales and marketing Steve Hodgson told Fastmarkets.
The company has notified its customers about the demerger, announced on Wednesday May 19, on a broader level but it has not yet fully engaged them on what it will mean at an individual level, he said.The proposed split will see Rusal change its name to AL+ and focus on value-added, low-carbon aluminium, while an as-yet-unnamed Newco will focus on developing...