RUSAL (00486) announced its financial results for the year ended December 31, 2025. The group recorded revenue of $14.812 billion, an increase of 22.6% compared to the previous year. However, it reported an adjusted net loss of $787 million, shifting from a profit in the prior year. Basic loss per share stood at $0.03.

For the year ended December 31, 2025, the group's primary aluminum output amounted to 3,918 thousand tons, down approximately 1.9% from 3,992 thousand tons in 2024. Aluminum sales volume increased by 16.4% to 4,490 thousand tons in 2025, compared to 3,859 thousand tons in the previous year.

During the period, sales of value-added products (VAP) rose by 6.0% to 1,507 thousand tons, up from 1,422 thousand tons in 2024. VAP sales accounted for 34% of total sales, compared to 37% in the prior year.

In 2025, RUSAL's total alumina production reached 6,858 thousand tons, up from 6,430 thousand tons in 2024. The 6.7% year-on-year increase in production was attributed to the company's acquisition of a 30% stake in China's Hebei Wenfeng New Materials Co., Ltd., which has been consolidated since April 2024, and a 13.26% stake in India's Pioneer Aluminium Industries Limited, consolidated since July 2025.

RUSAL's total bauxite production for 2025 amounted to 18,453 thousand tons, compared to 15,885 thousand tons in 2024. The 16.2% year-on-year growth in production was mainly due to the progress of capacity expansion projects at the Kindia Bauxite Company (CBK) and the Dian-Dian facility.