Russian Federation

Rusal Sues Rio Tinto For Return Of 20 Percent Share Of Queensland Alumina

Rusal Sues Rio Tinto For Return Of 20 Percent Share Of Queensland Alumina

Russian Federation aluminium titan UC Rusal is suing Anglo-Australian mining giant Rio Tinto Group to receive back its 20-percent share of Queensland Alumina Ltd. that the latter firm took from Rusal in the wake of Russia’s invasion of Ukraine earlier this year....

Events

Rio Tinto To Sever Ties To Russian Businesses Due To Ukraine Invasion

Anglo-Australian mining giant Rio Tinto Group said this week it will sever all ties to businesses from the Russian Federation in light of that country’s invasion of Ukraine last month, joining a wide array of major firms that have announced their exodus from the country. Rio Tinto does not currently have any operations in either […]

Russia Warns That Transitioning To Renewables Too Quickly May Spike Aluminium Prices

The Russian Federation is amenable to switching its power sources to renewables, but any such transition will be gradual so as not to spike power prices and, by extension, the industries that rely upon them heavily, including aluminium smelting. Such was the message conveyed by the country’s Deputy Energy Minister Pavel Snikkars earlier this week. […]

Aluminum Association Praises Commerce Department’s Finding Of Dumping Of Certain Aluminium Foils From Five Countries

Aluminium sector trade group Aluminum Association lauded the United States Department of Commerce for its final determination that importers from Russia and four other countries have been dumping certain aluminium foils on the American market. On Friday the Commerce Department found that aluminium foil exporters from Armenia, Brazil, Oman, Russia, and Turkey have been flooding […]

Moscow In Talks With Aluminium Firms On New Mineral Extraction Tax

Several sources with knowledge of the situation told Reuters this week that talks between the Russian government and producers of aluminium and other metals and fertilizers have yet to yield a consensus on how best to implement Moscow’s new tax structure on the commodities. Half a dozen separate sources told the wire service said that […]

Moscow Imposes 15 Percent Export Levy On Primary Aluminium, Dozens Of Other Metals

The government of the Russian Federation imposed export duties upon a wide range of steel and non-ferrous exports, including primary aluminium, late last month. Russian Prime Minister Mikhail Mishustin signed the order to levy export duties upon 340 varieties of metals exports on June 25th. The export duties will go into effect at the first […]