April 24, 2018 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.
April 23, 2018 Commodities: the top asset class of 2018 so far If the commodity sector keeps the pace for the rest of 2018, this will be the best year for the asset class since 2003.
April 23, 2018 Chalco Q1 profits fall 19.4 pct on lower aluminium prices Chalco produced approximately 3.61 million tonnes of aluminium last year, according to a filing to the U.S. Securities and Exchange Commission last week.
April 23, 2018 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.
April 20, 2018 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.
April 20, 2018 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.
April 19, 2018 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.
April 19, 2018 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.
April 18, 2018 Russia fears light fire under nickel price Price surges nearly 5% to three-year high over worries that top producer Norilsk could befall the same fate as aluminum giant Rusal.
April 17, 2018 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.
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