Rusal Aughinish Holdings Ltd

Rio Tinto Takes Full Control Of Queensland Alumina Refinery From UC Rusal

Rio Tinto Takes Full Control Of Queensland Alumina Refinery From UC Rusal

Anglo-Australian metals mining giant Rio Tinto Group has taken full control of the Queensland alumina refinery it shares with Russian aluminium titan UC Rusal, boxing out the embattled firm that is already suffering due to sanctions imposed upon Russian businesses in the...

Events

Aughinish Contractor Files Suit To Stop Proposed Strike At Plant

A contractor for Aughinish Alumina has filed suit in the Republic of Ireland’s High Court to enjoin a planned work stoppage at the plant on the grounds that the strike is not a valid trade dispute. Murphy International Ltd (MIL) initiated proceedings late last week against trade union Unite and its plans to commence a […]

Rusal Reports 20.8 Percent Rise In Aluminium Sales During Second Quarter

Russian Federation aluminium titan U.C. Rusal released operating results for the second quarter of 2019 on Friday. Production of aluminium and alumina remained essentially level, with sales in the quarter increasing to catch up on a backlog of product trapped in inventory due to last year’s OFAC sanctions. In the first quarter Rusal produced 938 […]

Final Month Of U.S. Sanctions Weigh Down Rusal’s Q1 Results

Russian Federation aluminium giant U.C. Rusal reported first-quarter financial and production results yesterday. Though production and sales remained relatively steady in the quarter, financial numbers struggled due to a drop in prices at the LME and the tail end of sanctions placed upon it by the United States government. In the first quarter Rusal smelted […]

Rusal Bauxite Production Jumped 18.9 Percent In 2018

Despite being hampered by sanctions most of both periods, Russian aluminium giant U.C. Rusal showed production results ranging from level pegging to significant increases in both the fourth quarter and the full year of 2018. In last year’s final quarter, Rusal produced 943 thousand metric tons of primary aluminium, up by 3 thousand metric tons […]

Aughinish Alumina Warns Of Imminent Difficulties Due To OFAC Sanctions On Rusal

Top brass at Ireland’s Aughinish Alumina refinery warned last week that sanctions placed upon its parent company by the Trump administration are threatening the plant’s continued operations. Executives from Limerick Alumina Refining Ltd (LARL) noted in corporate filings that it has been on tenterhooks since April, when the U.S. Department of the Treasury’s Office of […]