Russia has been historically short of bauxite, which is used to produce alumina, the main raw material in the aluminium production process.
Due to the weak development of raw materials production in Russia, and amid growing aluminium output, the domestic producers were forced to purchase alumina from other countries like Guinea and India.
In the early 1990s, as Russia was going through market reforms, its aluminium industry was hit hard by the economic downturn and the political uncertainty that the country experienced in the years following the collapse of the USSR.
The Russian aluminium industry dates back to 1932, the year when the Volkhov aluminium smelter produced the first batch of aluminium.Following that, construction of smelters began to meet the growing demand of the national economy.), SUAL, and the alumina assets of Glencore, completed in March 2007.The company operates in 19 countries over five continents and employs over 72,000 people across its international operations and offices.
In the 1960s and 1970s, smelters in Irkutsk, Krasnoyarsk, and Bratsk were constructed in close proximity to the largest hydro power plants in Siberia.
By the early 1980s, Russia was the world’s second largest producer of aluminium after the US.