Russia

Withering Criticism, Dire Warnings About Trump Aluminium Tariffs Aired At WTO Meeting

Withering Criticism, Dire Warnings About Trump Aluminium Tariffs Aired At WTO Meeting

Participants at a meeting of the World Trade Organization (WTO) had sharp words for the blanket 10-percent tariffs on aluminium instituted by United States President Donald Trump that went into effect earlier that day. WTO Director-General Roberto Azevêdo summarized the sentiments of...

Events

Rusal’s Deripaska to Step Down and Focus on Norilsk Nickel

Russian Federation industrialist Oleg Deripaska is to step down from his position as president of both En+ Group and U.C. Rusal, Russian and international media reported. While RUSAL clarified that no such decision has been made yet and that the Company’s board will discuss executive changes on 22 February, sources told the media earlier this […]

Rusal Mulling Industrial-Scale Production of Scandium Oxide from Red Mud

With the results of a successful pilot program in hand, Russian Federation aluminium behemoth U. C. Rusal revealed yesterday that plans are in the works to build a scandium oxide (Sc2O3) production unit at Urals Aluminium Smelter (UAZ). Rusal says the results from a series of test programs over the past several years proving up […]

Russian Researchers Design World’s First All-Aluminium Aircraft Engine

Researchers at a university in the Russian Federation have developed the world’s first all-aluminium aircraft engine. Russian news agency TASS reported last week that the breakthrough at Novosibirsk State Technical University in southwest Siberia. According to the Novosibirsk Region Ministry of Education, this design is the first to utilize aluminium in even heavily-stressed components. “The […]

Rusal Announces Successful Placement of US$500 MM Third Eurobond

Boasting of participation from over one hundred investors from four continents, Russian Federation aluminium leader U.C. Rusal announced the successful pricing of its third flight of Eurobonds yesterday. The firm’s third foray into the international bond market totaled US$500 million, with a maturity of five years and a coupon rate of 4.85 percent per annum. […]