Glencore Limited Purchases from Rusal, Records Show

Glencore Limited Purchases from Rusal, Records Show

Commodities conglomerate Glencore purchased only a fraction of the 6.9 million metric tons of aluminium available under its contract with Russian giant Rusal from 2020-2022, regulatory records reveal. The deal, poised for a possible extension to 2025, has recently come under the...


Internal Document Says European Aluminium Seeks Sanctions Against Russian Aluminium But Not Against Rusal

Trade group European Aluminium is mulling a push for European Union sanctions on imported Russian aluminium without targeting UC Rusal, the country’s preeminent smelter of the metal. According to Reuters, the document dated from this month discussed the potential of European Aluminium “actively calling for EU sanctions on Russian aluminium.” However, the organization noted that […]

European Alumina Production Surges Month On Month In May To 560 Thousand Metric Tons

Numbers released last week by the International Aluminium Institute showed that alumina production in Europe (including Russia) increased in May over totals from the prior month but fell from production totals from the previous year. IAI said that Europe’s production in the year’s fifth month rose to 560 thousand metric tons, besting the prior month’s […]

Rusal Plans 4.8 MTPA Of New Alumina Refining Capacity For Leningrad

Russian aluminium giant UC Rusal announced plans this week for a new alumina refining plant in Leningrad. Rusal will invest ₽400 billion in the project, which involves the construction of four technological lines at the site as well as improved infrastructure on the Baltic port of Ust-Luga. The first phase will include installing 2.4 million […]

Rusal Approves Of 2035 Sustainable Development Strategy

Russian aluminium giant UC Rusal approved its Sustainable Development Strategy for 2035 this week. Rusal said the strategy will make sustainable aluminium production more budget friendly by developing a new type of non-ferrous assets. These new assets will leverage solutions that are adaptive, fair, secure, and inclusive that will ultimately lead to carbon neutrality by […]