Glencore Rival Trafigura In Talks To Buy Rusal Aluminium
Singapore-based Swiss multinational commodities trader Trafigura Group Pte. Ltd. is discussing the purchase of about 150 thousand metric tons of...
Russia
LME Bans Russian Aluminium In US Warehouses
Earlier this week the London Metal Exchange (LME) made the decision to ban Russian aluminium from its warehouses in the United States due to the recently enacted import tariffs. Late last week the Biden Administration announced new import tariffs on Russian aluminium...
Biden Administration Imposes Additional 200 Percent Tariff On Russian Aluminium
The United States government has taken the long-expected step of imposing a hefty tariff on primary aluminium and derivative products...
LME Stores Of Russian Aluminium Hit 42 Percent In January
The London Metal Exchange this week confirmed that its holdings of Russian aluminium rose as expected in January to a...
Events
Rusal Debuts New Low-Carbon Product Utilizing Scrap Aluminium
Russian Federation aluminium giant UC Rusal announced this week that it has begun using end-of-life scrap aluminium for the production of foundry alloys for use in the automotive industry. Per the firm, Primary Equivalent Foundry Alloys (PEFA) consist of one-fifth aluminium scrap that is added into molten aluminium during production. Use of scrap aluminium is […]
Rusal Begins Production Of Master Aluminium Alloys At Krasnoyarsk Smelter
Russian Federation aluminium giant UC Rusal commenced production of master aluminium alloys, which will ultimately become high-tech aluminium alloys, at Krasnoyarsk Aluminium Smelter, filling about half the firm’s demand for master alloys. Krasnoyarsk’s production capacity for master aluminium alloys is over 5 thousand metric tons per annum, which is the product of a US$7.5 million […]
Rusal Seeks To Grow Low-Carbon Aluminium Sales To China
Russian Federation aluminium giant UC Rusal is mulling increasing its presence in the People’s Republic of China’s low-carbon aluminium market, drawn by increased demand for it in the electric vehicles sector and a friendlier business climate. On Friday, Huang Wenqian, vice president at Rusal Shanghai Economic and Trade Company Limited, was confident that Rusal would […]
Rusal Sets Climate Goals for 2032 and 2050
Russian aluminium giant UC Rusal announced this week the passage of new climate goals for the coming years and decades through the middle of this century. Rusal’s board of directors approved the new Climate Strategy at its latest meeting in Krasnoyarsk. The company’s new climate strategy is based on two scenarios, namely the basic scenario […]
Rusal Creates And Convenes Expert Council On Sustainable Development
Russian aluminium titan UC Rusal convened the first meeting of its newly chosen Public Expert Council on Sustainable Development this week. Rusal says the Council will be a permanent consultative and advisory body and will engage with various stakeholders in the industry. The body includes officials and experts from many areas, including the Civic Chamber […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
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 ...
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 ...
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 ...
