Aughinish Alumina Warns Of Imminent Difficulties Due To OFAC Sanctions On Rusal
Top brass at Ireland’s Aughinish Alumina refinery warned last week that sanctions placed upon its parent company by the Trump...
The Trump administration announced on Friday another month-long extension of a reprieve from sanctions for En+ Group, Rusal, and GAZ, noting the progress founder Oleg Deripaska is making toward divesting his interests in the firms. Per a press release from the U.S....
Top brass at Ireland’s Aughinish Alumina refinery warned last week that sanctions placed upon its parent company by the Trump...
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has granted another month’s reprieve to Russian Federation...
Struggling Russian Federation aluminium giant U.C. Rusal received a temporary reprieve from the United States Treasury Department late last week...
With the other shoe to drop in just under a month in the form of a deadline for third parties to end business relations with the firm, Russian Federation aluminium titan U.C. Rusal is hurriedly establishing a team of traders in the People’s Republic of China to carry on business there. So said a trio […]
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 trade. On Friday the United States Treasury Department’s Office of Foreign Asset Control […]
The yearly highlight of the global aluminium industry is set to begin on Wednesday in Berlin: Metal Bulletin’s 33rd International Aluminium Conference. The three-day meeting is typically considered the ground for the so-called “mating season,” that time of the year when deals are struck between aluminium suppliers and their buyers for what sales of aluminium above […]
The Russian government is prepared to step in with help for aluminium smelting giant U.C. Rusal should the Trump administration’s sanctions persist and affect operations. According to comments made by Industry Minister Denis Manturov, the Kremlin is prepared to go so far as to purchase metal from the state’s own supplies in an effort at […]
Higher global aluminium prices overcame nearly crippling sanctions in the second quarter to boost Russian Federation aluminium giant U.C. Rusal’s bottom line. Yesterday’s results were the first since the Trump administration’s April 6 sanctions on Oleg Deripaska, En+ Group, Rusal, and several other Russian individuals and firms. Rusal said the U.S. Office of Foreign Assets […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...