Media Center

MOU signed by CEO of En+ Group and Basic Element Oleg Deripaska and president of NORINCO Zhao Gang outlines the cooperation in mining and metallurgical projects and vehicle production. This MOU extended the cooperation between Oleg Deripaska companies and Norinco which was initiated by RUSAL in November 2009 by signing the agreement to supply of 1.68 mln tones of aluminium.

Basic Element's (BasEl) agriculture division, which was created following the transfer of Russo-Asiatic Investment Company (RAINKO - which managed Russian businessman Oleg Deripaska's assets) into Deripaska's holding, which plans to post 270 million rubles in profit compared to 143 million rubles in 2009, BasEl's managing director, Andrei Oleinik, told Interfax.

Interfax

UC RUSAL Plc (SEHK: 486, EuroNext: RUSAL/RUAL), the world's largest aluminium producer, announces its results for the first six months of 2010 ended 30 June 2010.

UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL), the world's largest aluminium producer, announces its intention to launch a Russian Depository Receipts (RDR) Programme and to arrange for the listing/the admission to trading of Russian Depository Receipts on CJSC "MICEX Stock Exchange" and OJSC "Russian Trading System" Stock Exchange.

UC RUSAL Plc (SEHK: 486, EuroNext: RUSAL/RUAL), the world's largest aluminium producer, announces the creation of RUSAL's Department of Control, Internal audit and Business coordination, which will be headed by Tatyana Soina, who previously served as Chief Financial Officer of RUSAL. Evgeny Kornilov, formerly Chief Financial Officer of X5, has been appointed CFO to RUSAL.

Tuva Mining Company LLC (TMC is managed by En+ Group; it owns the Kaa-Khem and Chadan open pits located in the Republic of Tuva) announces its results for the 1st half of 2010.

German carmaker Volkswagen is planning a new assembly line at Russia's GAZ in order to boost production in the booming market, its chairman of the board Martin Winterkorn said on Thursday.

Reuters News

UC Rusal, the world's biggest aluminium producer, said Tuesday that it swung back to profit in the first half of 2010 as a recovery in the global economy boosted demand for base metals.

Agence France Presse

China's North Industries Corp. (Norinco) and Oleg Deripaska, the owner of Russian companies the En+ Group and the Basic Element Group, signed Thursday a memorandum for cooperation in mining, metals development, and machine building.

GMT

Basic Element's (BasEl) agriculture division, which was created following the transfer of Russo-Asiatic Investment Company (RAINKO - which managed Russian businessman Oleg Deripaska's assets) into Deripaska's holding, which plans to post 270 million rubles in profit compared to 143 million rubles in 2009, BasEl's managing director, Andrei Oleinik, told Interfax.

Interfax