Congressional Democrats Calling For Review Of Rusal’s Participation In Proposed Kentucky Aluminium Rolling Mill
Controversy is brewing in Kentucky around Rusal’s attempt to establish the first new aluminium rolling mill in the United States...
Russia
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...
Rusal Inks Transport Deal With Russian Railways
Russian Federation aluminium titan U.C. Rusal announced yesterday an agreement with state-owned vertically-integrated railway firm Russian Railways OJSC (RZD) on...
Drop In Aluminium Prices Dent En+ Group’s First-Quarter Results
Lower aluminium prices, coupled with the final month of sanctions by the United States government, teamed up to sink En+...
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 […]
Rusal And Braidy Industries Announce Deal To Build Automotive Aluminium Plant In Kentucky
With the weight of sanctions finally lifted from its shoulders, Russian Federation aluminium giant U.C. Rusal announced earlier today a joint venture with Braidy Industries to construct and operate a flat-rolled aluminium rolling plant in Ashland, Kentucky. Per Rusal, the mill will have a nameplate capacity of 800 thousand metric tons per annum, with 500 […]
Half-Year Report: Aluminium Prices Still Under Pressure
Base metals prices continued to slide in May and early June, with metals traded on the LME witnessing some serious losses, causing the index to drop by 6.6% in May. The reason for this fall remains the same: investors are cautious about ...
Aluminium Prices in Q2: A Market Analysis
Base metals prices tumbled in the last week of April and at the start of May, with the aluminium price ...
Research and Investment Hail Changing Tides for Montenegro’s KAP
On April 25, Montenegro’s Uniprom D.O.O. (owners of Kombinat Aluminijuma Podgorica, KAP) started construction works on a €15 million aluminium ...
Aluminium Industry Riding To Higher Demand In Electric Vehicles
This is an exciting time indeed for aluminium consumption, with demand for this highly versatile metal continuing to rise to ...
