russia sanctions aluminium

Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak

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 industry. So said one of the state’s top officials in the course of comments made to the press last weekend. Russian Deputy...

Events

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 […]

Mandatory Cuts at Alunorte Mar Norsk Hydro’s Positive Numbers in Q1

Though Norsk Hydro A.S.A. returned higher overall numbers for the first quarter, the mandated capacity cut at Alumina do Norte do Brasil S.A. (Alunorte) meant the firm will likely miss its cost-cutting target for the year. Hydro reported a first-quarter revenue total of NOK39.970 billion, a 74-percent improvement year-on-year. Earnings before financial items and tax […]