U.S. Sanctions on Rusal Forcing Kazakhstan Alumina Refiners to Seek New Buyers
With the sanctions placed upon U.C. Rusal by the United States government looming large over the global alumina industry, Kazakhstan’s...
UC Rusal sanctions
Sanctions Against Rusal Lead to Cessation of Bauxite Shipments from Guyana
The unintended consequences of United States sanctions upon Russian business interests continue, as German shipping group Oldendorff Carriers GmbH & Co. KG. cites U.S. Treasury Department sanctions levied against U.C. Rusal as the reason it has been forced to suspend its business...
Rio Tinto Warns 2018 Aluminium Output May Suffer Due to Rusal Sanctions
Repercussions continue to be felt throughout the global aluminium trade as evidenced by Rio Tinto Group’s announcement on Wednesday that...
Citing U.S. Sanctions, Japanese Trading Houses Decline Rusal Aluminium
The fallout from United States sanctions upon Rusal reached producers in Japan earlier this week, as the country’s major trading...
Events
U.S. Sanctions and Brazilian Flooding May Pose Dire Situation for Aluminium Market: Hydro’s Brandtzæg
Thanks to the United States government’s sanctions upon the world’s second-biggest aluminium producer and mandated production cuts at his own company’s operations, the head of Norsk Hydro says that the global aluminium market may soon find itself mired in significant supply shortage. Hydro’s President and CEO Svein Richard Brandtzæg said as much in an interview […]
Citing U.S. Sanctions, Rio Tinto Invokes Force Majeure Clause in Certain Agreements with Rusal
The sanctions exacted upon Russian aluminium giant Rusal by the United States Treasury Department earlier this month are causing ripples in the global aluminium trade that are disrupting the business of non-Russian firms, including the recent declaration of force majeure by Rio Tinto Group at several arrangements and a partnership the Anglo-American miner has with […]
Ukraine Imposes Sanctions Upon Russia’s Rusal
Russian Federation aluminium major Rusal finds itself the subject of sanctions placed upon it by Ukraine. The world’s second-largest aluminium producer was accused of undermining the country’s national security in a decree handed down by the country’s president Petro Poroshenko. Rusal joins over three hundred other Russian citizens and businesses that are subject to restrictions […]
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 ...
