Rusal Ships First Ore From Guinea Mines Since Mid-March
Newly-released shipping data shows that Russia’s UC Rusal has shipped the first bauxite ore from its operations in West Africa...
deripaska sanctions
Rusal Sues Rio Tinto For Return Of 20 Percent Share Of Queensland Alumina
Russian Federation aluminium titan UC Rusal is suing Anglo-Australian mining giant Rio Tinto Group to receive back its 20-percent share of Queensland Alumina Ltd. that the latter firm took from Rusal in the wake of Russia’s invasion of Ukraine earlier this year....
Irish Government In Talks With Aughinish Alumina Over Russian Sanctions And Plant’s Future
The deputy head of the Irish government and its finance minister are currently talking to Aughinish Alumina about sanctions against...
U.S. Government Rescinds Sanctions On U.C. Rusal, En+ Group, And JSC EuroSibEnergo
The first business day back at work for the United States federal government saw the long-awaited lifting of sanctions from...
Events
U.S. Senate Votes Against Extending Sanctions On Rusal
Russian Federation aluminium titan U.C. Rusal is seeing more light at the end of the sanctions tunnel after the United States Senate rejected legislation that would have kept the world’s second-biggest aluminium producer under sanction. On Wednesday the upper house of Congress voted 57-42 to end debate on the legislation, effectively ending its consideration by […]
LME To Trade Rusal Aluminium Upon Lifting Of OFAC Sanctions
Another hopeful sign emerged last week for troubled Russian Federation aluminium giant U.C. Rusal when the London Metal Exchange confirmed that it would begin again accepting the firm’s aluminium when United States government sanctions are lifted. Per Reuters, the Exchange discussed resuming the trading of Rusal aluminium upon the revocation of sanctions, and no objections […]
RUSAL: Citing Compliance With Sanctions, OFAC Begins Process Of Dropping Designation
After spending over eight months laboring against some of the toughest sanctions levied in recent years by the United States government on a Russian firm, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced yesterday its intentions to end sanctions on En+ Group plc UC Rusal plc, and JSC EuroSibEnergo. Per […]
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 ...
