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Russia's Rusal swings to annual loss on rising costs, lower aluminium output

Reuters
03/18
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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