Rio Tinto Takes Full Control Of Queensland Alumina Refinery From UC Rusal
Anglo-Australian metals mining giant Rio Tinto Group has taken full control of the Queensland alumina refinery it shares with Russian...
Russia’s aluminium sector could be in for some major changes to combat sanctions against the country, as raw materials and sales of finished product have been hampered due to limits enacted by the global community. Such was the message delivered by Russia’s...
Anglo-Australian metals mining giant Rio Tinto Group has taken full control of the Queensland alumina refinery it shares with Russian...
Despite assurances last month that it would not do so, an analysis of shipping data indicates that Rio Tinto Group...
Newly-released shipping data shows that Russia’s UC Rusal has shipped the first bauxite ore from its operations in West Africa...
Russia’s aluminium giant UC Rusal completed a ₽7 billion (US$71 million) project to improve social infrastructure facilities in the Krasnoyarsk Region near its Boguchansk aluminium smelter this week. The project in the village of Tayozhny included the building of a kindergarten, a school, and a clinic. The project was part of a broader agreement with […]
Last week the Australian government announced that it has banned with immediate effect the import of bauxite and alumina from Russian suppliers, citing the ongoing invasion of Ukraine by Russia’s military forces. In a statement released by several of Australia’s government ministries, Canberra noted that the move would greatly inhibit Russia’s ability to produce its […]
A survey last week by Germany’s BGA trade association showed that, despite an expected economic slowdown, German businesses fully supported Berlin’s economic sanctions against Russia for its invasion of Ukraine last month, even if such sanctions threaten supplies of raw materials like primary aluminium. In a statement released to the press about the survey, BGA […]
Anglo-Australian mining giant Rio Tinto Group said this week it will sever all ties to businesses from the Russian Federation in light of that country’s invasion of Ukraine last month, joining a wide array of major firms that have announced their exodus from the country. Rio Tinto does not currently have any operations in either […]
Anglo-Swiss metals miner Glencore plc announced earlier this week that it is conducting a review of all of its business dealings with Russian firms, including the equity stakes it has in Russian aluminium giant UC Rusal’s parent company En+ Group. Glencore currently has a 10.5-percent share in Rusal’s parent company. However, the firm downplayed its […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...