Revenue distribution by industry:

• Aluminum production: approx. 70%
• Energy: approx. 20%
• Mining and others: approx. 10%

TOP 3 markets:

• China: approx. 30%
• Russia: approx. 25%
• Europe: approx. 20%

United Company RUSAL generates the majority of its revenue from aluminum production, which is the core area of the company. The energy sector also contributes significantly, as RUSAL has its own energy sources used for aluminum production.

China is the largest market for RUSAL, driven by the high demand for aluminum in the local industry. Russia follows as the home market, where RUSAL has a strong presence. Europe is also a significant market, especially due to demand in the automotive and construction industries.

Production sites of RUSAL:

• Russia
• Jamaica
• Guinea
• Ireland
• Italy
• Sweden
• Nigeria

United Company RUSAL is one of the world's largest aluminum producers and operates a variety of production facilities in different countries. The majority of production takes place in Russia, where the company has access to rich bauxite deposits.

In addition, RUSAL also operates refineries and smelters in other countries to strengthen its global presence and diversify the supply chain. These international locations enable RUSAL to efficiently respond to demand in various markets and optimize transportation costs.

Revenue Growth: Estimated 8-10% (2025)

Strategic Priorities:

1. Sustainability and Decarbonization: RUSAL is heavily investing in reducing its CO2 footprint by increasing the share of aluminum from renewable energies and developing new technologies for emission reduction.

2. Expansion of Production Capacities: The company plans to expand its production capacities by building new plants and modernizing existing facilities to meet the growing demand for aluminum.

3. Market Expansion: RUSAL is focusing on tapping into new markets, especially in Asia and Africa, to strengthen its global presence and create new sales opportunities.

RUSAL relies on a combination of ecological responsibility and strategic expansion to remain competitive in the long term and secure growth. Investments in sustainable technologies are intended not only to reduce the ecological footprint but also to increase efficiency and profitability.

Main Imported Raw Materials: Bauxite, Alumina

Main Supplier Countries: Guinea, Australia, Jamaica

United Company RUSAL, one of the world's largest aluminum producers, mainly imports bauxite and alumina, the essential raw materials for aluminum production. Guinea is one of the major suppliers of bauxite to RUSAL, as the country has rich bauxite deposits. Australia and Jamaica are also significant suppliers of bauxite and alumina.

These imports are crucial for RUSAL's aluminum production, as they form the basis for the production of aluminum oxide, which is then converted into aluminum. The geographical diversification of supplier countries helps RUSAL ensure supply security and minimize risks in the supply chain.

Market share: 6% (estimated, 2025)
Production capacity: 3.8 million tons of aluminum per year (2025)
Cost structure: Low production costs due to vertical integration

United Company RUSAL, one of the world's leading aluminum producers, has a significant competitive advantage due to its vertically integrated structure. This integration allows the company to keep production costs low and thus offer competitive prices.

Another advantage lies in the strategic location of the production facilities, which provide access to cost-effective sources of energy. This is particularly important in aluminum production, which is very energy-intensive.

Despite the geopolitical challenges and sanctions that have affected the company in the past, RUSAL remains competitive due to its efficient production methods and strong demand for aluminum in various industries. The market share of approximately 6% in the global aluminum sector underscores the company's importance in the industry.

Institutional Investor Share: approximately 45% (estimated for 2025 based on historical data)

Insider Buys/Sells: No significant transactions in the last year (estimated for 2025)

The institutional investor share in United Company RUSAL is estimated to be around 45%. This figure is based on historical ownerships and the typical structure of large publicly traded companies in the industry.

Regarding insider buys or sells, there have been no significant transactions publicly disclosed in the last year. This could indicate that insiders are either satisfied with the current company strategy or are not making major changes to their holdings due to market conditions.

These assessments are based on the most recent available data and typical market behavior in the aluminum industry.

Market share of United Company RUSAL: 6% (estimated, 2025)

Top competitors and their market shares:

1. China Hongqiao Group Limited: 12%
2. Alcoa Corporation: 10%
3. Rio Tinto Group: 8%
4. Norsk Hydro ASA: 7%
5. United Company RUSAL: 6%
6. Emirates Global Aluminium: 5%
7. Vedanta Limited: 4%
8. South32 Limited: 3%
9. Century Aluminum Company: 2%
10. Alumina Limited: 2%

Moat of United Company RUSAL:

United Company RUSAL has a moderate moat, mainly supported by its vertical integration and cost-efficient production. The company benefits from its own bauxite mines and aluminum refineries, which improve control over the supply chain and reduce costs.

However, compared to its competitors, RUSAL faces geopolitical risks and sanctions that can weaken its moat. China Hongqiao and Alcoa have a stronger moat due to their larger market presence and diversified geographic locations, giving them an advantage in risk diversification and market accessibility.

Rio Tinto and Norsk Hydro also offer strong moats through technological innovations and sustainable practices, which are increasingly important in the aluminum industry. RUSAL needs to catch up in these areas to secure its long-term competitiveness.

Revenue Growth: 5.8% (2024)
EBITDA Margin: 18.2% (2024)
Debt Ratio: 45% (2024)

United Company RUSAL recorded a revenue growth of 5.8% in 2024, attributed to stable demand for aluminum and effective cost control. The EBITDA margin of 18.2% indicates that the company is able to efficiently manage its operating costs and achieve solid profits.

The debt ratio of 45% is moderate and suggests that the company has its debt under control, which is a positive signal for potential investors. A stable financial structure enables RUSAL to invest in future growth projects and hedge against economic uncertainties.

In summary, the key performance indicators of United Company RUSAL are solid, positioning the company well to benefit from the ongoing demand for aluminum. However, potential investors should also consider geopolitical risks and market volatilities that could impact the company's performance.

Dividend payment: No dividend (2025)

United Company RUSAL has not paid any dividends in recent years. This is mainly due to the volatility in the aluminum sector and geopolitical uncertainties, which have prompted the company to conserve its financial resources and invest in strategic projects.

The reliability of dividend payments is therefore currently not guaranteed. Investors should focus on potential share price gains and other financial metrics to evaluate the value of their investment.