Russia

Spat Over Aluminium And Steel Tariffs Between U.S. And Russia Not Likely To Be Resolved This Year: Russia’s Economic Minister

Spat Over Aluminium And Steel Tariffs Between U.S. And Russia Not Likely To Be Resolved This Year: Russia’s Economic Minister

The ongoing conflict between Moscow and Washington, D.C. over tariffs on aluminium and steel is not likely to come to a friendly conclusion by year’s end. Such was the message expressed yesterday by a representative of the Russian government. In comments to...

Events

Rusal Obtains Permit To Open Goryachegorsk Nepheline Mine

Russian Federation aluminium titan U.C. Rusal announced yesterday its acquisition of state approval to develop the Goryachegorsk nepheline ore mine in south-central Siberia, which the company says will provide raw materials for its alumina refinery in Achinsk. Rusal says the mine’s 414.4 million metric tons of reserves will provide nepheline for the next 60 years […]

Sanctions And Weak Aluminium Prices At LME Weigh Down Rusal’s Q1 Results

Russian Federation aluminium titan U.C. Rusal released results for the first quarter 2019 yesterday. Though United States sanctions were lifted in January, the lingering effects combined with a drop in aluminium prices at the London Metal Exchange to take a gouge out of the firm’s bottom line in the quarter. The first quarter saw Rusal […]

Rusal To Collaborate With Moscow School Of Management On Business Ethics And Education Project

Russian Federation aluminium titan UC Rusal announced yesterday a partnership with the Moscow School of Management SKOLKOVO to launch a large-scale business education and business ethics education project. The project will draw upon the well of practical knowledge cultivated by both institutions, explained Rusal in a press release. Headed by noted business professor and founder […]

Rusal Successfully Places ₽15 Billion Bond On Moscow Exchange

In the first such move since sanctions from the United States government were removed earlier this year, Russian Federation aluminium titan U.C. Rusal announced the successful placement of a ruble bond on the Moscow Exchange. Rusal’s ruble-based bond placement consisted of a 10-year term with a 3-year put option. The bond’s nominal value was ₽15 […]