INTERVIEW: Rusal targets aluminium VAP sales of at least 50% in near future

UC Rusal is targeting sales of value-added products (VAP) to account for at least half of its total aluminium sales over the next 10 years, according to its head of sales and marketing.

Roman Andryushin told Fastmarkets in an interview that the company may reach this sales level relatively soon and would then aim to boost the ratio even higher.
"It's our priority for the next 10 years that we should breach at least 50% VAP sales; we may reach this level already in the near future and then run towards two thirds of our sales volume in VAP in the next decade," he said.
In 2020, VAP sales accounted for 44% of total sales, up from 37% in 2019.

Rusal has...

China's gold holdings to central bank reserves still low

China has broad effect on gold market

Gold stocks mixed after previous week's huge gains

Large TSXV gold multiple driven up by high Artemis weighting

Monetary-driven precious metals outperform major base metals