Rusal · RUS:RUAL
Rusal — UC Rusal — Corporate Update (September 2007)
15 slides from Rusal's corporate update, Sep 25, 2007
Slide 1: Alumina Division: Providing Platform for the Future Growth
ALUMINA DIVISION: PROVIDING PLATFORM FOR THE FUTURE GROWTH Pavel Ovchinnikov, Director of Alumina Division, Aughinish Alumina, 25 September 1
Slide 2: Truly Global Presence
TRULY GLOBAL PRESENCE UС RUSAL operates in 19 countries across 5 continents 2
Slide 3: UC RUSAL – A Global Presence with Vast Scale
UC RUSAL – A GLOBAL PRESENCE WITH VAST SCALE Overview • World’s largest producer of aluminium and alumina • Owns and operates two of the largest aluminium smelters in the world: Bratsk Bauxite, Alumina Aluminium Smelter and Krasnoyarsk Smelter (~1 mtpa Cathode each) HEPs (BoGES) Foil • Accounted for
Slide 4: UC RUSAL – World Leader in Aluminium and Alumina
UC RUSAL – WORLD LEADER IN ALUMINIUM AND ALUMINA Vertical integration and upstream focus Financial strength Low cost position World class management Scale & global presence Strong internal R&D and Strong pipeline for growth EPCM capabilities across the value chain 4
Slide 5: Attractive Industry Fundamentals Supported by Strong Demand and Limited New Supply
ATTRACTIVE INDUSTRY FUNDAMENTALS SUPPORTED BY STRONG DEMAND AND LIMITED NEW SUPPLY Strong fundamental demand… … and limited new supply • Accelerating global growth driven by • Rising capital and operating costs are developing countries resulting in significant smelter capacity - China is the primary
Slide 6: Alumina Division: Structure and Responsibilities
ALUMINA DIVISION: STRUCTURE AND RESPONSIBILITIES Alumina Division Pavel Ovchinnikov Alumina and Production Operation Operation HSE HR Financial Commercial Bauxite Legal Systems Department, Department, Department Department Department Department procurement Department Department EAST WEST Department
Slide 7: Alumina and Bauxite Production
ALUMINA AND BAUXITE PRODUCTION Alumina and bauxite production Alumina balance (2006) 25 12 11.3 Net alumina balance = + 3.7 mt 10 20 19.0 19.1 17.3 8 7.6 Production (mt) 15 mt alumina 11.2 11.4 11.3 6 10 4 5 2 0 0 2004 2005 2006 Alumina produced (a) Alumina required for Bauxite Alumina smelters UC U
Slide 8: Locations of Alumina and Bauxite Assets
LOCATIONS OF ALUMINA AND BAUXITE ASSETS Zaporozhye Alumina Boxitogorsk Alumina Timan Bauxite Location: Ukraine Location: Russia Location: Russia Capacity: 0.3 mtpa Production: 1.9 mt Ural Alumina Refinery Capacity: 0.1 mtpa Number of employees: Number of employees: Number of employees: 677 Location:
Slide 9: Principal Alumina Refineries
PRINCIPAL ALUMINA REFINERIES Key points Key projects • Capacity:1,815 ktpa • Production creep projects • Technology: Kaiser high temperature and Alcan Technology Aughinish • Raw materials: bauxite sourced from CBG, MRN • Transport: captive deepwater terminal in the Shannon estuary • Energy: gas-fire
Slide 10: Principal Alumina Refineries (Continued)
PRINCIPAL ALUMINA REFINERIES (CONTINUED) Key points Key projects • Capacity: 1,100 ktpa • Bauxite change project • Technology: Kaiser Eurallumina • Raw materials: bauxite shipped from Weipa mine • Transport: captive port • Energy: with Italian national grid • Capacity: 1,100 ktpa • Modernisation pro
Slide 11: Strategic Advantages of UC RUSAL: Bauxite Ore Reserves
STRATEGIC ADVANTAGES OF UC RUSAL: BAUXITE ORE RESERVES Total reserves – 2528 Mt Dry, including: Locations • Guinea – 1334 Mt • Jamaica – 147 Mt • Russia – 867 Mt • Guyana – 180 Mt ¾ Existing bauxite reserves are sufficient for >50 years mining. ¾ Further accumulation of reserves, exploration of larg
Slide 12: Strategic Directions of Alumina Business Development
STRATEGIC DIRECTIONS OF ALUMINA BUSINESS DEVELOPMENT 9Effective management of existing assets 9Construction of new production facilities: • Dian-Dian project (Alumina refinery annual capacity 2.8 Mt) • Komi Alumini (Alumina refinery annual capacity 1.4 Mt) 9Expansion of existing production facilitie
Slide 13: Integration Opportunities: Eurallumina
INTEGRATION OPPORTUNITIES: EURALLUMINA • Date of construction – 1973 • Bauxite mix modification project: • Technology – high temperature double-flow digestion (245 C), ICF - ¾ OPEX to be reduced by US$92/t alumina; Kiser. «Sweetening technology» is used ¾ IRR – 92% • Maximum production capacity – 1,
Slide 14: Integration Opportunities: Aughinish
INTEGRATION OPPORTUNITIES: AUGHINISH • Date of construction – 1983 • Technology – high temperature double-flow digestion (245 C), ICF - Kaiser. «Sweetening technology» is used • Maximum production capacity – 1,83 Mt • Source of bauxite – 70% CBG / 30% MRN Opportunities: • Highly professional managem
Slide 15: Contact Information
CONTACT INFORMATION Corporate Headquarters 13/1, Nikoloyamskaya str., Moscow, 109240, Russia Phone:+7 (495) 720 51 70, 720 51 71 Fax:+7 (495) 745 70 46 www.rusal.com 15