EN+

Rusal America Inks Contract To Supply Almexa With Low-Carbon Aluminium ALLOW

Rusal America Inks Contract To Supply Almexa With Low-Carbon Aluminium ALLOW

En+ Group announced this week that its subsidiary Rusal America Corporation (RAC) has signed an agreement with Mexico’s aluminium rolled product producer Almexa to deliver 100 thousand metric tons of its low-carbon primary aluminium product ALLOW. The firm said in an emailed...

Events

En+ Group Joins Business Ambition for 1.5°C Movement

Russian aluminium behemoth U.C. Rusal’s parent company En+ Group IPJSC announced yesterday its intention to reach certain science-based emission reduction targets (SBTi) in order to contribute to the global movement to establish a global net-zero carbon economy. In joining the Business Ambition for 1.5°C movement, En+ says it is responding by continuing calls to action […]

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 […]

U.S. Government Grants En+, Rusal Another Two Weeks Before Third-Party Sanctions Kick In

Acknowledging the progress En+ Group, U.C. Rusal, and GAZ Group has made in complying with United States government requirements for distancing itself from founder Oleg Deripaska, on Friday the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) granted another extension to the firms’ grace period without stricter sanctions. A press release posted […]