“Unrest” In Guyana Prompts Rusal’s Sudden Exit
Citing unrest and sabotage, Russian Federation aluminium giant U.C. Rusal shut down operations in Guyana yesterday, leaving over 300 employees...
Bauxite Company of Guyana
Guyanese Government Restarts Talks With Rusal Over Access To Aroaima Mine
The Guyana government has begun talks with Russian Federation aluminium giant UC Rusal over re-opening operations along the Berbice River. Two Rusal executives met with ministers of the Guyanese government last week in an effort at resolving the impasse that has restricted...
Rusal Ceases Bauxite Mining In Guyana Due To Ongoing Labor Row
Due to a dispute with workers over compensation, Russian Federation aluminium titan U.C. Rusal shut down operations at the Bauxite...
Guyanese Government Promises Protection for Workers Laid Off Due to U.S. Sanctions on Rusal
The fallout continues due to the United States Treasury Department’s decision to sanction Oleg Deripaska and Rusal, as 200 workers...
Events
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 & Co. KG. cites U.S. Treasury Department sanctions levied against U.C. Rusal as the reason it has been forced to suspend its business with Guyana. In a statement sent to Reuters, Oldendorff said it plans to […]
Rusal’s Aluminium and Alumina Production Up in Q3, But Bauxite Production Off
Russian Federation aluminium behemoth UC Rusal released operating results for the third quarter of 2017 yesterday, reporting modest gains in primary aluminium and alumina while showing a respectable drop in bauxite ore production. Rusal produced 931 thousand metric tons of primary aluminium in the third quarter, a quarter-on-quarter increase of 1.1 percent from the second-quarter […]
Rusal’s Q1 Production Numbers Follow Previous Quarter’s Lead
Russian Federation aluminium titan U.C. Rusal released operating results for the first quarter of 2017 earlier today. Aluminium and bauxite production numbers were down slightly in the quarter, while bauxite production showed a marginal increase. Rusal’s smelters ran at a 95% utilization rate and turned out 910 thousand metric tons of primary aluminium in the […]
Rusal Releases Production Totals for Third Quarter
Russian Federation aluminium giant UC Rusal announced third quarter operating results yesterday. Production of alumina remained flat, while the numbers for aluminum and bauxite were up slightly. Third-quarter aluminium production totaled 920 thousand metric tons, which is unchanged quarter-on-quarter. Smelters in Siberia accounted for 94% of the production in the quarter, and overall smelter utilization […]
Rusal Releases Operating Results for FY 2015
Moscow’s United Company RUSAL released its operating results for the fourth quarter and the fiscal year of 2015 today. The firm’s aluminium and alumina businesses held the line, while bauxite production showed a steep decline. According to released results, Rusal produced 878,000 metric tons of aluminium in last year’s fourth quarter, which is a four percent […]
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 ...
