UC Rusal

Novelis Refuses to Sign New Aluminium Purchase Contracts with Rusal

Novelis Refuses to Sign New Aluminium Purchase Contracts with Rusal

Novelis’s top brass said it would continue to honor its contracts in place with Russian aluminium giant UC Rusal, but the company would enter into no new deals once those contracts expire. Novelis’s CEO Steve Fisher spoke to Reuters this week on...

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Events

Norsk Hydro And Rusal In War Of Words Over Russian Aluminium In LME Warehouses

Norsk Hydro And Rusal In War Of Words Over Russian Aluminium In LME Warehouses

Norsk Hydro ASA appealed to the London Metal Exchange last week to reverse its decision not to ban Russian-source aluminium, and Rusal responded by accusing Hydro of seeking to punish Russian aluminium producers for its own benefit. Reuters reported on the letter to the LME last week, and the LME responded by saying that it […]

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Internal Document Says European Aluminium Seeks Sanctions Against Russian Aluminium But Not Against Rusal

Internal Document Says European Aluminium Seeks Sanctions Against Russian Aluminium But Not Against Rusal

Trade group European Aluminium is mulling a push for European Union sanctions on imported Russian aluminium without targeting UC Rusal, the country’s preeminent smelter of the metal. According to Reuters, the document dated from this month discussed the potential of European Aluminium “actively calling for EU sanctions on Russian aluminium.” However, the organization noted that […]

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Rusal Plans 4.8 MTPA Of New Alumina Refining Capacity For Leningrad

Rusal Plans 4.8 MTPA Of New Alumina Refining Capacity For Leningrad

Russian aluminium giant UC Rusal announced plans this week for a new alumina refining plant in Leningrad. Rusal will invest ₽400 billion in the project, which involves the construction of four technological lines at the site as well as improved infrastructure on the Baltic port of Ust-Luga. The first phase will include installing 2.4 million […]

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Rusal Approves Of 2035 Sustainable Development Strategy

Rusal Approves Of 2035 Sustainable Development Strategy

Russian aluminium giant UC Rusal approved its Sustainable Development Strategy for 2035 this week. Rusal said the strategy will make sustainable aluminium production more budget friendly by developing a new type of non-ferrous assets. These new assets will leverage solutions that are adaptive, fair, secure, and inclusive that will ultimately lead to carbon neutrality by […]

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Aluminium Magnate Oleg Deripaska Critical Of Russia’s Outdated Financial System

Aluminium Magnate Oleg Deripaska Critical Of Russia’s Outdated Financial System

Russian oligarch and aluminium titan Oleg Deripaska went on record earlier this week criticizing his country’s outdated financial system, noting that Russia’s financial sector is going backwards while the rest of the world leaves them behind. Although criticism of Moscow by Russians can be dangerous, it appears that the founder and stakeholder in UC Rusal […]

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