Rusal Mining News

Guinea's mining minister says there will be Simandou deal, talks go on

LONDON, July 16 (Reuters) – Guinea is in constant talks with Rio Tinto and Chinalco to finalise a deal on the Simandou iron ore project, its mining minister said on Tuesday, adding he was confident […]

Rusal starts shipping bauxite from Guinea's Dian-Dian mine

Rusal commissions bauxite mine at Dian Dian.

LME says looking at expanding eligibility for Rusal metal

The London Metal Exchange (LME) is working to see if it can expand access to Rusal’s aluminum, which is under suspension due to U.S. sanctions.

Russia's Avtovaz explores alternatives to sanctions-hit Rusal

Rusal is Avtovaz's top aluminium supplier.

Sanctioned tycoon Deripaska resigns as director of his firm Rusal

Deripaska is now actively preparing the next step: reducing his stake in En+, the group which controls Rusal.

Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium -source

Washington said the sanctions were designed to punish Moscow for its alleged meddling in the 2016 U.S. election.

Nickel prices expected to settle after Russia sanctions fade

Nickel prices to ease off after reaching a three-year high in April.

Chairman of En+ says working on reducing Deripaska's stake

Greg Barker welcomed a decision by the U.S. Treasury on Tuesday to give investors an extra month to divest or transfer their holdings in En+ Group and other sanctions targets.

Rusal to quit global market if US sanctions stay after new board – source

Two sources told Reuters earlier on Friday that Rusal would soon appoint a fully independent board.

Up to 500,000 tonnes of alumina being exported from China as Rusal crisis bites

The sanctions against Rusal, world's second-biggest aluminium producer, have up-ended the supply chain as companies cut contracts to use Rusal metal.

US sanctions on Rusal shatter aluminium's supply chain: Andy Home

By extending the sanctions deadline to Oct. 23, 2018, the Treasury Department has given Rusal and the aluminium market some much needed breathing space.

After weeks of chaos, US throws aluminum industry lifeline

“The US government is not targeting the hardworking people who depend on Rusal and its subsidiaries,” Treasury Secretary Steven Mnuchin said.

US extends deadline for Rusal sanctions, aluminum prices dive

Aluminum prices on the London Metal Exchange tumbled more than 8 percent after the U.S. Treasury Department announcement.

Ship firm Oldendorff halting Guyana operation due to Rusal crisis

Rusal's 90 percent owned Bauxite Company of Guyana produced 1.05 million tonnes of bauxite - the raw material used to make aluminium - last year.

Aluminum stash visible from space turned to gold for trader

Castleton Commodities International LLC is sitting on a veritable gold mine as a scramble for aluminum unfolds in the wake of U.S. sanctions.

China, the highly problematic saviour of the global aluminium market? Andy Home

As supply fears grow, the market's attention is turning to China as a potential source of aluminium.

Sanctions fallout upends metals as aluminum, nickel burst higher

Aluminum rallied as much as 7.1 percent, a record intraday gain, to $2,718 a ton in London.

Russia sanctions throw global aluminum supply chain into chaos

Alumina prices have already rocketed, jumping by more than a quarter in the last week and heading for a record high.

Rusal sanctions shockwaves slam into aluminium market: Andy Home

Physical premiums in the United States are at three-year highs and the price of alumina is going haywire.

Aluminum is having wildest week ever after Rusal sanctions shock

The U.S.’s decision to blacklist United Co. Rusal, the world’s second-biggest aluminum maker, set off a rush to secure supply.

Rio to call force majeure on some Rusal-linked contracts

Almost all of Rio's aluminium production comes from a joint venture with Rusal in Australia.

Glencore is losing billionaire allies to Trump's sanctions

In just four months, Glencore Plc chief Ivan Glasenberg has lost two of his closest business allies, billionaires Oleg Deripaska and Dan Gertler.

Can China fill aluminium shortage after Rusal sanctioned?

International prices, which have shot up more than 10 percent since the sanctions were announced, will have to rise further to lure exports from China.

Glencore to declare force majeure on some aluminium supply

Glencore Chief Executive Ivan Glasenberg resigned from his role as Rusal director on Tuesday

LME to suspend Rusal's aluminium from approved brand list

The LME will suspend Rusal's aluminium from its list on April 17 after some members raised concerns about settling LME contracts with sanctioned companies.