Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak
The Russian Federation government is in the process of finding new and effective ways of boosting its country’s native aluminium...
russia sanctions aluminium
Minor Loosening Of U.S. Sanctions On Rusal May Have Major Repercussions
A minor adjustment to the sanctions imposed upon Russian aluminium giant U.C. Rusal by the Trump administration may portend potentially major changes in the measure that has hobbled the firm and sent a tsunami of chaos and uncertainty throughout the global aluminium...
Russian Automaker AvtoVAZ Searching for Long-Term Replacement for Aluminium from Sanction-Laden Rusal
Russian Federation automotive manufacturer AvtoVAZ said late last week that, though it is remaining a customer with sanction-crippled Rusal, it...
Bowing to U.S. Sanctions, Deripaska Relinquishes Rusal’s Reins
In a move aimed at encouraging the Trump administration to ease sanctions on the firm, Russian businessman Oleg Deripaska has...
Events
Aluminium Market in Throes of Worst Turmoil Since 1990s Thanks to Trump Administration: Novelis Chief Palmieri
The tariffs and sanctions issued upon the aluminium industry by the Trump administration has caused more discord and upheaval than the sector has experienced in almost three decades. Such is the opinion of the head of one of America’s biggest rolled aluminium suppliers. Marco Palmieri, Novelis North America’s president, told the Financial Times in an […]
Ireland Government Discussing Aughinish Refinery with “Highest Levels” of U.S. Government
The government of the Republic of Ireland continues to seek solutions with the Trump administration for Aughinish Alumina, relaying to its citizens that the sensitive state of affairs is currently being “discussed at the highest levels of our two governments.” Such was the message given by the United States’ acting ambassador to Ireland, Chargé d’affaires […]
Situation At Aughinish Alumina “Critical”: Irish Business Minister Humphreys
Ireland’s Minister for Business, Enterprise and Innovation Heather Humphreys characterized the tenuous situation at Aughinish Alumina as “critical” while in Washington, D.C. to meet with various officials of the Trump administration in an effort at resolving the situation between it and Aughinish’s parent company Rusal. Though she praised the decision made late last month to […]
Rusal Crisis Teases Out Alumina Exports of Up To 500k Tonnes from China
Due to sanctions placed by the United States government upon Rusal and the resulting scarcity of it, alumina refiners in the People’s Republic of China have begun shipments of the material to overseas buyers in loads of up to 500 thousand metric tons. According to sources who spoke to Reuters, Aluminum Corp of China (Chalco) […]
World’s Biggest Beer Company Holds Out Hope for Relief from Trump Aluminium Tariffs
The world’s largest beer brewer told shareholders earlier this week that there is still hope for exemptions and other aids from the United States government for companies that depend upon imported aluminium. In comments made at a meeting of the firm’s shareholders on Wednesday, Anheuser-Busch InBev SA/NV (AB InBev) CEO Carlos Brito voiced his opinion […]
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 ...
