UC Rusal sanctions

Sanctions Against Rusal Lead to Cessation of Bauxite Shipments from Guyana

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...

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 […]

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 […]