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...
Oleg Deripaska
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...
Source: Kremlin Prepares RUB10 Billion Purchase Of Aluminium From Rusal
In a bid to lend support to the sanctioned Russian Federation aluminium giant U.C. Rusal, the Russian government has plans...
U.S. Government Extends Rusal Sanction Reprieve To Early January
The Trump administration announced on Friday another month-long extension of a reprieve from sanctions for En+ Group, Rusal, and GAZ,...
Events
United States Government Extends Rusal Sanctions Deadline To December 12
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has granted another month’s reprieve to Russian Federation aluminium titan U.C. Rusal with its announcement on Friday that the expiration date of the company’s general licenses has been pushed back to December 12. According to OFAC, the extension embodied in General Licenses 13E, […]
U.S. Treasury Department Delays Deadline For Ceasing Business With Rusal To November 12
Struggling Russian Federation aluminium giant U.C. Rusal received a temporary reprieve from the United States Treasury Department late last week in the form of an extension of the deadline for ending third-party transactions. According to a press release issued by the Treasury Department, the new deadline for customers to end commercial transactions with Rusal is […]
Russian Government Prepared To Aid Rusal Should Conditions Warrant It: Manturov
The Russian government is prepared to step in with help for aluminium smelting giant U.C. Rusal should the Trump administration’s sanctions persist and affect operations. According to comments made by Industry Minister Denis Manturov, the Kremlin is prepared to go so far as to purchase metal from the state’s own supplies in an effort at […]
Citing U.S. Sanctions, Rusal To Close Nadvoitsky Smelter
Embattled Russian Federation aluminium giant U.C. Rusal says sanctions placed upon it by the Trump administration has forced it to end production at a smelter in northwest Russia. Rusal has started ramping down production at its Nadvoitsky plant in Karelia, citing the twin body blows of Section 232 aluminium tariffs and the sanctions levied upon […]
Ripple From Trump Aluminium Tariffs and Rusal Sanctions Continue To Rock Boats Around The Globe
Although a great deal of ink has been slung over the trials and travails of Russia’s U.C. Rusal in recent months, what has been largely overlooked is the pain and suffering experienced by a myriad of other firms around the world due to the Trump administration’s blanket tariffs on aluminium and sanctions upon Rusal and […]
Aluminium of Greece (AOG): is the Pechiney spirit still alive?
Between September 24-25, FastmarketsMB organized its annual aluminium conference in Athens. A day before the conference, in accordance with an old tradition, a one-day field trip for conference delegates was organized to the Aluminium of Greece (AoG) plant, some 180 km from ...
International Aluminium 2019 Conference – Key Takeaways
The FastmaketsMB aluminium conference is the sequel to the Metal Bulletin aluminium conferences, which have traditionally been one of oldest ...
Electric Vehicles (EVs): outlook for sales and aluminium demand
After last year’s electric vehicles (EVs) sales increase of 72% year/year, to 2.02 million, this year’s growth is expected to ...
Are Things Finally Looking Up For The Aluminium Market?
Base metals prices recovered sharply in the first half of September, after a seasonal slump in August, as investors and ...
