April 15, 2024

New metals sanctions push Russia further into China’s embrace

The sanctions now leave the Shanghai Futures Exchange as the only major commodities bourse in the world to accept Russian shipments.

April 15, 2024

Rusal says new Western sanctions won’t hurt its aluminum supply

Goldman Sachs also said it did not expect an immediate supply shock.

April 14, 2024

CME bans Russian-origin aluminum after US, UK impose new sanctions

CME Group has suspended from its platform aluminium produced in Russia from April 13

April 13, 2024

LME bans Russian-origin metal after UK, US impose new sanctions

The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13.

April 12, 2024

US, UK take action targeting Russian aluminum, copper and nickel

A UK official said London expected any market disruption to stabilize quickly.

April 12, 2024

Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions

Ari Epstein did not publicly communicate the reason for his sudden departure.

April 4, 2024

Nornickel completes stock split

The Russian miner has converted each share into 100.

April 1, 2024

Russia halts rescue operation for 13 trapped miners

The miners were trapped by a rock fall at the Pioneer gold mine.

March 30, 2024

Nornickel says some EU clients refuse to buy products made of Russian metal

Although Nornickel itself and its metals are not a target of Western sanctions some consumers are voluntarily shunning deals for its metals and of products made from Russian raw materials.

March 29, 2024

Nornickel says financial stability is priority, not dividends

Nornickel's 2023 net profit and revenue declined due to low metal prices.