UAE’s Mubadala Buys 2.6-Percent Share In En+ Group
UAE’s state-owned investment company Mubadala Investment Company PJSC purchased a 2.6 percent share of aluminium giant U C Rusal’s parent...
Lord Barker
En+ Teams Up With V&A Design Museum On Sustainable Aluminium Art Exhibit
Russian aluminium giant UC Rusal’s parent company En+ Group is teaming up with major art and design museum the V&A to produce an immersive design pavilion featuring aluminium for the London Design Festival. The exhibit, dubbed “Between Forests and Skies,” is made...
En+ Group’s Lord Barker To Co-Chair Carbon Pricing Leadership Coalition
Russian aluminium mammoth U C Rusal’s parent company En+ Group IPJSC announced last week the appointment of Executive Chairman Greg...
Rusal Inks Deal With Taiwan Aluminium Alloy Producer Hodaka To Supply Low-Carbon Aluminium
Russian Federation titan U.C. Rusal announced earlier this week a new agreement with Taiwanese aluminium alloy producer Hodaka to provide...
Events
En+ Commits To Zero GHG Emissions By 2050
Anglo-Russian energy and metals company En+ Group IPJSC announced yesterday its intention to reduce its greenhouse gas emissions by at least 35 percent by 2030 and net zero by 2050. The firm’s board of directors signed off on the goal earlier this week and created a task force led by Chief Operating Officer Vyacheslav Solomin […]
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. Treasury Deadline for Rusal Divestment Extended to August 5 as Deripaska Departure Deal Progresses
Though viewed by some as a relaxation of sanctions for Oleg Deripaska’s companies, experts say a two-month extension granted by the United States Treasury Department to shareholders of En+ Group, GAZ Group, and Rusal is simply a move to protect all parties involved from significant financial losses as well as granting more time for the […]
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 ...
