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...
Russian Federation aluminium titan UC Rusal is suing Anglo-Australian mining giant Rio Tinto Group to receive back its 20-percent share...
Russia’s aluminium sector could be in for some major changes to combat sanctions against the country, as raw materials and...
Russian aluminium firm UC Rusal fired back at its partner at Queensland Alumina Ltd., Anglo-Australian mining giant Rio Tinto Group...
Despite assurances last month that it would not do so, an analysis of shipping data indicates that Rio Tinto Group has received a shipment of alumina from Russian firm UC Rusal. Rio Tinto previously swore off conducting business with Russian firms in light of Vladimir Putin’s move to invade Ukraine earlier this year. Founder, shareholder, […]
Anglo-Swiss metals miner Glencore plc announced earlier this week that it is conducting a review of all of its business dealings with Russian firms, including the equity stakes it has in Russian aluminium giant UC Rusal’s parent company En+ Group. Glencore currently has a 10.5-percent share in Rusal’s parent company. However, the firm downplayed its […]
Russian Federation aluminium titan U.C. Rusal announced on Wednesday the departure of Matthias Warnig from the company’s board of directors. The now-former chairman’s resignation is part of the corporate restructuring Rusal agreed to in order to have sanctions lifted by the United States government. “I am confident that I can hand over to my successor […]
The sanctions levied against U.C. Rusal by the United States Treasury Department last month are starting to hit home with the rank-and-file workers at the company’s several plants around the world. According to sources who spoke with Bloomberg, Rusal has been unable to pay full compensation to certain workers outside of Russia partially due to […]
With the ink scarcely dry on a similar announcement by Rio Tinto Group, Norsk Hydro A.S.A. revealed on Friday that it may be forced to declare force majeure on certain contracts it has with U.C. Rusal. Hydro told investors that the sanctions levied upon Rusal by the United States government may prevent it from fulfilling […]
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