The Siberian - Urals Aluminium Company ( SUAL ) (Russian Сибирско - Уральская Алюминиевая компания ( СУАЛ ) / Sibirsko - Ural Aljuminijewaja kompanija ) was founded in 1996 by the Russian oligarch Viktor Vekselberg and produces about 20 percent of Russian aluminum. Especially valuable are the Europe's largest bauxite deposits of the Group and the control of Russia's second biggest energy producer Irkutskenergo which provides cheap energy for aluminum production.
The SUAL Group is a fully integrated aluminum company and ranks among the ten largest aluminum producer in the world. It consists of 19 companies in nine regions of Russia and is engaged in the production of bauxite, alumina, primary aluminum, silicon and semi -finished and finished aluminum products.
The group generates per year with 62,000 employees 1.3 billion U.S. dollars. SUAL promotes annual 4.4 million tonnes of bauxite, refined over 2 million tonnes of alumina and produces 890,000 tonnes of primary aluminum. The Siberian - Urals Aluminium Company ( SUAL ) was formed in 1996 from the merger of aluminum plants in Irkutsk and in the Urals.
In March 2007, RUSAL SUAL took over together with the aluminum division of Glencore. In the new business RUSAL hold 66 SUAL owners 22 and Glencore 12 % of the shares.