Russia

Rio Tinto To Sever Ties To Russian Businesses Due To Ukraine Invasion

Rio Tinto To Sever Ties To Russian Businesses Due To Ukraine Invasion

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...

Events

Rusal Debuts New 5xxx Aluminium Alloy

Russian aluminium giant UC Rusal announced this week the development of a new 5xxx aluminium alloy intended for anodizing applications. The 5005A aluminium alloy has begun mass production at Bratsk Aluminium Smelter (BrAZ), and Rusal’s Technical Directorate has already conducted a general assessment of the alloy. Rusal’s new aluminum alloy has the advantage of readily […]

Rusal Reports 8.1 Percent Jump In Aluminium Sales In Fourth Quarter

Russian aluminium giant UC Rusal released results for the fourth quarter and full year 2021 this week. Numbers were generally better across the board as the company, along with the rest of the market, continues to claw back from the effects of the global coronavirus. Rusal’s aluminium production rose in the quarter by one percent […]

Russia Warns That Transitioning To Renewables Too Quickly May Spike Aluminium Prices

The Russian Federation is amenable to switching its power sources to renewables, but any such transition will be gradual so as not to spike power prices and, by extension, the industries that rely upon them heavily, including aluminium smelting. Such was the message conveyed by the country’s Deputy Energy Minister Pavel Snikkars earlier this week. […]

Rusal Pays ₽61.5 MM In Indebtedness Ahead Of Schedule In December

Russian aluminium giant UC Rusal announced this week that it has paid off ₽61.5 billion (US$837 million) in loans to Sberbank ahead of the scheduled repayment date in the month of December. Rusal agreed to the loan in 2010, which is backed by PJSC MMC Norilsk Nickel. The loan was extended last year and features […]

Rusal Opens New Low-Carbon Aluminium Smelter In Siberia

Russian aluminium titan UC Rusal announced this week the opening of the first phase of its new low-carbon aluminium smelter Taishet Aluminium Smelter (TaAZ) in Siberia. In a press release Rusal touted the new TaAZ smelter as among the greenest aluminium smelters on Earth. The plant runs on hydroelectricity produced in Siberia, utilizes a gas […]