Glencore Mulling Sale Of Its Share In Rusal’s Parent Company En+ Group
Anglo-Swiss metals miner Glencore plc announced earlier this week that it is conducting a review of all of its business...
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...
Anglo-Swiss metals miner Glencore plc announced earlier this week that it is conducting a review of all of its business...
Russian aluminium titan UC Rusal has suspended shipments from Nikolaev alumina refinery in Ukraine this week, presumably in light of...
Russian aluminium titan UC Rusal this week announced the scheduled repayment of US$512 million in Eurobonds negotiated in 2017. The...
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 […]
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 […]
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. […]
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 […]
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 […]
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 ...