Rusal Mining News

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.

Rio Tinto reviewing Rusal ties, mum on Queensland venture

Rusal owns 20 percent of Rio's Queensland Alumina operation, of which Rio owns the remaining 80 percent.

Canadian miner A-OK despite U.S. sanctions against Russian companies

Despite analysts predicting that sanctions against Oleg Deripaska may cause a turmoil in the mining world, Kinross made an effort today to stand clear from such possibility.

US sanctions on Rusal threaten aluminium turmoil: Andy Home

The first casualties of Deripaska's inclusion on the U.S. Treasury's sanction list announced on Friday have been the share prices of EN+ and Rusal.

Russia's Prokhorov sells 6 pct stake in Rusal to Vekselberg

The sale will close a chapter at the world's second largest aluminium producer.

Buyers line up for Montenegro's bankrupt aluminum plant and biggest exporter

At least four companies have placed bids to buy assets of Montenegro's Kombinat Aluminijuma Podgorica (KAP) aluminum plant.

World's No.1 aluminum producer sues LME

Rusal is challenging the LME's plans to reform how it stockpiles commodities.

Aluminum prices follow gold’s steps, down to four-year low

Market struggling with oversupply.

Montenegro's only aluminium plant and biggest exporter declares bankruptcy

The European Union has been urging the country to sell the heavily-subsidized firm.