April 27, 2018

Guinea gives preliminary go-ahead for new bauxite project

Guinea is Africa's top bauxite producer and output more than doubled last year to about 50 million tonnes.

April 27, 2018

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.

April 27, 2018

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.

April 26, 2018

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.

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.