rusal sanctions

Rusal Calls On LME To Report Origin Of All Aluminium In Its Warehouses

Rusal Calls On LME To Report Origin Of All Aluminium In Its Warehouses

Russian aluminium giant UC Rusal has called upon the London Metal Exchange to disclose the origin of the entirety of its aluminium reserves, not just those from Russia. Rusal spoke out in response to the LME’s discussion over identifying Russian aluminium’s origin...

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Events

Despite Sanctions, Rusal’s Sales Of Alumina Jumped By 26.8 Percent In 2018

Despite Sanctions, Rusal’s Sales Of Alumina Jumped By 26.8 Percent In 2018

Russian Federation aluminium titan U.C. Rusal reported financial and production results for 2018 yesterday, turning in strong numbers especially in light of the sanctions placed upon it for the majority of the year by the United States government. In 2018, Rusal smelted 3,753 thousand metric tons of primary aluminium, 1.2 percent above the prior year’s […]

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U.S. Government Rescinds Sanctions On U.C. Rusal, En+ Group, And JSC EuroSibEnergo

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 U.C. Rusal, En+ Group, and JSC EuroSibEnergo, bringing to a close the restrictions that crippled the firms since their imposition last April. In a release issued late Sunday, the U.S. Department of the Treasury’s Office […]

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End To Sanctions On Rusal A Boon To Armenian Aluminium Supplier

End To Sanctions On Rusal A Boon To Armenian Aluminium Supplier

Easing of sanctions upon Russian Federation aluminium giant U.C. Rusal will be a boon to an aluminium mill that provides financial security to thousands of Armenian families, explained a spokesperson for the Armenian National Committee of America (ANCA) after last week’s vote in the United States Senate against prolonging such sanctions. In a press release […]

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U.S. Senate Votes Against Extending Sanctions On Rusal

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 […]

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LME To Trade Rusal Aluminium Upon Lifting Of OFAC Sanctions

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 […]

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