Jamaica Next to Feel Repercussions of U.S. Sanctions on Rusal
Ripples from the United States government’s sanctions on Rusal continue to radiate out from Moscow, reaching businesses across Europe and...
Russia
Norsk Hydro Weighing Force Majeure Declaration on Rusal Contracts
With the ink scarcely dry on a similar announcement by Rio Tinto Group, Norsk Hydro A.S.A. revealed on Friday that it may be forced to declare force majeure on certain contracts it has with U.C. Rusal. Hydro told investors that the sanctions...
Sanctions Against Rusal Lead to Cessation of Bauxite Shipments from Guyana
The unintended consequences of United States sanctions upon Russian business interests continue, as German shipping group Oldendorff Carriers GmbH &...
U.S. Sanctions on Rusal Forcing Kazakhstan Alumina Refiners to Seek New Buyers
With the sanctions placed upon U.C. Rusal by the United States government looming large over the global alumina industry, Kazakhstan’s...
Events
Rio Tinto Warns 2018 Aluminium Output May Suffer Due to Rusal Sanctions
Repercussions continue to be felt throughout the global aluminium trade as evidenced by Rio Tinto Group’s announcement on Wednesday that it may revise its 2018 aluminium output on account of sanctions placed upon U.C. Rusal by the United States Treasury Department earlier this month. In the course of its announced production results, the firm projected […]
Citing U.S. Sanctions, Japanese Trading Houses Decline Rusal Aluminium
The fallout from United States sanctions upon Rusal reached producers in Japan earlier this week, as the country’s major trading houses have requested the Russian aluminium giant to cease sending aluminium to their warehouses. According to buyers who spoke with Reuters yesterday, the situation has thrown the domestic trade for a loop, prompting firms who […]
Citing U.S. Sanctions, Rio Tinto Invokes Force Majeure Clause in Certain Agreements with Rusal
The sanctions exacted upon Russian aluminium giant Rusal by the United States Treasury Department earlier this month are causing ripples in the global aluminium trade that are disrupting the business of non-Russian firms, including the recent declaration of force majeure by Rio Tinto Group at several arrangements and a partnership the Anglo-American miner has with […]
High Prices, Scarcity, and Uncertainty Bedevil the Global Alumina Market Thanks to U.S. Sanctions on Rusal
Much of the focus of attention in the aluminium world regarding the fallout from United States government sanctions against Rusal has been focused upon their effect on raw aluminium, and rightly so. However, the bigger impact to date has been felt in the alumina market, which has seen prices balloon as panic buying takes hold. […]
Deripaska, Rusal, and En+ Group Face Sanctions From U.S. Treasury Over Alleged Election Interference
Russian Federation aluminium giant U.C. Rusal is searching for answers in the wake of sanctions levied against it and other Russian interests on Friday by the United States Treasury Department. The world’s second-most-prolific aluminium maker found itself caught up in the latest sanctions against individuals identified by Washington, D.C. as being connected to or otherwise […]
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both businesses and policymakers to accelerate decarbonization efforts. However, with COVID-19 disrupting lives and economies in an unprecedented manner, countries across the globe ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an ...
