Core Viewpoint - Rusal (00486.HK) reported a revenue of $7.52 billion for the six months ending June 30, 2025, representing a year-on-year increase of 32.05% [1] Financial Performance - Adjusted EBITDA for the period was $748 million, a decrease of 5% year-on-year [1] - Profit before tax was $125 million, down from $729 million in the same period last year [1] - Adjusted net loss was $194 million, compared to an adjusted net profit of $446 million in the previous year, with basic and diluted loss per share at $0.0057 [1] Revenue Breakdown - Revenue from primary aluminum and alloy sales increased by 29.8% to $5.97 billion, driven by a 21.7% increase in sales volume and a 7.5% rise in the average aluminum price per ton [2] - The average realized aluminum price rose by 6.7% to $2,610 per ton, up from $2,447 per ton in the same period last year [2] - Revenue from alumina sales surged by 97.4% to $377 million, attributed to a 53.1% increase in sales volume and a 28.9% rise in the average alumina price per ton [2] - The average alumina price was $589 per ton, compared to $457 per ton in the previous year [2] - Revenue from foil and other aluminum products increased by 9.9% to $376 million, supported by a 29.2% rise in wheel sales and an 8.3% increase in foil sales, partially offset by a 10.1% decline in aluminum powder sales [2]