RUSAL (00486) announced its interim results, reporting a profit attributable to shareholders of $419 million, reversing losses compared to the same period last year.

RUSAL (00486) announced its interim results for the six months ending June 30, 2026, with revenue of $8.338 billion, an increase of 10.88% year-on-year; the profit attributable to shareholders was $419 million, compared to a loss of $87 million in the same period last year; basic and diluted earnings per share were $0.0276. The announcement stated that for the six months ending June 30, 2026, revenue from the sales of primary aluminum and alloys increased by $671 million or 11.2% to $6.637 billion compared to $5.966 billion in the same period of 2025. This was mainly due to the weighted average realized aluminum price per ton rising by 23.6% (from an average of $2,610 per ton in the same period of 2025 to an average of $3,227 per ton for the six months ending June 30, 2026), driven by a 33.4% increase in the aluminum price reported by the London Metal Exchange (from an average of $2,538 per ton in the same period of 2025 to an average of $3,386 per ton for the six months ending June 30, 2026), although this was partially offset by a 10.0% decline in the sales volume of primary aluminum and alloys.