Glencore Limited Purchases from Rusal, Records Show

Glencore Limited Purchases from Rusal, Records Show

Commodities conglomerate Glencore purchased only a fraction of the 6.9 million metric tons of aluminium available under its contract with Russian giant Rusal from 2020-2022, regulatory records reveal. The deal, poised for a possible extension to 2025, has recently come under the...


Rusal Considering Restarting Nigerian Aluminium Smelter

Embattled Russian aluminium producer UC Rusal is weighing restarting an aluminium smelter in Nigeria that has been idle for a decade. Last week Nigeria’s vice president Kashim Shettima discussed the possibility with Rusal brass at the Russia-Africa meeting in St. Petersburg. The Nigerian government is already working on restoring production at the Alscon aluminium smelter. […]

Norsk Hydro And Rusal In War Of Words Over Russian Aluminium In LME Warehouses

Norsk Hydro ASA appealed to the London Metal Exchange last week to reverse its decision not to ban Russian-source aluminium, and Rusal responded by accusing Hydro of seeking to punish Russian aluminium producers for its own benefit. Reuters reported on the letter to the LME last week, and the LME responded by saying that it […]

Internal Document Says European Aluminium Seeks Sanctions Against Russian Aluminium But Not Against Rusal

Trade group European Aluminium is mulling a push for European Union sanctions on imported Russian aluminium without targeting UC Rusal, the country’s preeminent smelter of the metal. According to Reuters, the document dated from this month discussed the potential of European Aluminium “actively calling for EU sanctions on Russian aluminium.” However, the organization noted that […]

Rusal Plans 4.8 MTPA Of New Alumina Refining Capacity For Leningrad

Russian aluminium giant UC Rusal announced plans this week for a new alumina refining plant in Leningrad. Rusal will invest ₽400 billion in the project, which involves the construction of four technological lines at the site as well as improved infrastructure on the Baltic port of Ust-Luga. The first phase will include installing 2.4 million […]

Rusal Approves Of 2035 Sustainable Development Strategy

Russian aluminium giant UC Rusal approved its Sustainable Development Strategy for 2035 this week. Rusal said the strategy will make sustainable aluminium production more budget friendly by developing a new type of non-ferrous assets. These new assets will leverage solutions that are adaptive, fair, secure, and inclusive that will ultimately lead to carbon neutrality by […]