In April, Rusal landed a major equity and supply deal with Braidy Industries, which is building the first greenfield aluminium rolling mill in the United States in 37 years.
Rusal Mining News
A couple of long-running outages together with curtailments in Europe caused aluminium production outside China to dip 1.4%.
Chalco said on Friday it boosted annual aluminium output by 16 percent in 2018.
Roman Abramovich’s sale of a stake in Russia’s biggest mining company shows investor appetite for the country’s assets is returning.
Workers at Bauxite Company of Guyana Ltd. declined to work and demanded a pay increase.
Members may freely enter into contracts with Rusal and its affiliates.
The U.S. Treasury has said it would lift sanctions on Rusal this month after a restructuring.
The LME proposed removing its block on Rusal metal on Dec. 19, after the U.S. Treasury's Office of Foreign Assets Control (OFAC) struck a deal with Rusal to sever the Russian oligarch's control over them.
Jean-Pierre Thomas was elected by the board as chairman with effect from Jan 1.
Rusal said it expected to choose Warnig's successor on Thursday.
In a world where the Trump Administration is leading a return to economic and resource nationalism, it’s hard to see how global metals can break free of global politics.
Russia makes a move to support sanctioned aluminium producer Rusal.
U.S. authorities had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a statement that the deadline had been moved to Jan. 7, 2019.
Japan's top aluminium rolling company is removing Rusal from its suppliers list for next year due to uncertainty over U.S. sanctions.
Figure is fivefold increase from August, up 3,400% y/y
The indirect consequences of the closure are difficult to assess as Rusal is the only aluminium smelter in Sweden.
No one will be taking alumina for granted any more.
Global demand for aluminium expected to increase in 2019.
The U.S. Treasury in April imposed sanctions against billionaire Oleg Deripaska and eight companies in which he is a large shareholder, including aluminum exporter Rusal, in response to what it termed "malign activities" by Russia.
The United States has thrown Russian aluminium company Rusal a lifeline by loosening sanctions imposed on the company in April.
Aluminum prices jumped in April after the U.S. announced sanctions on Rusal, the top supplier outside of China.
MOSCOW, Sept 6 (Reuters) – Russian aluminium producer Rusa , under U.S. sanctions since April, increased its aluminium exports by 7 percent in August compared to the previous month, Interfax news agency said. Rusal, the […]
Russia has a plan to support world No.2 aluminium producer Rusal against U.S. sanctions put in place in April.
It's probably not what U.S. President Donald Trump had in mind when imposing tariffs on aluminium imports, but it looks likely that some of the big winners from the 10% import tax will be China's producers.
Under the terms of the sanctions, imposed in April in response to Moscow's alleged meddling in the 2016 U.S. election, U.S. customers must wind down business with Rusal by Oct. 23.