Rusal to add Abramovich to lawsuit against Potanin over nickel miner pact
Aluminum giant Rusal obtained permission by a London court on Friday to add Russian billionaire Roman Abramovich and his firm Crispian Investments Ltd as defendants in the case against Vladimir Potanin, CEO of Nornickel.
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Hydro says Russian metal threatens LME benchmark, Rusal hits back
Mining News Pro - The London Metal Exchange should reconsider a decision not to ban Russian aluminum from its warehouse network as large volumes are jeopardizing the benchmark status of its contract, producer Norsk Hydro said in a letter this week.
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Rusal eyes rising demand for low-carbon aluminum in China
Mining News Pro - Russian aluminum giant Rusal is looking to supply more low-carbon aluminum to China amid friendly ties and rising demand for the metal from the country’s electric vehicle firms, a Rusal manager said on Friday.
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Russia’s Rusal: 2023 sales pick up after LME decision
Mining News Pro - Rusal’s sales had already exceeded 76% of its primary aluminum and value-added production for 2023, the company said, confirming an earlier source-based report by Reuters.
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En+ says Rusal remains in full compliance with US regulations
Mining News Pro - The chairman of EN+, which owns a 57% stake in aluminum producer Rusal, dismissed media reports that Washington is weighing restricting imports of Russian metal, saying Rusal remained in full compliance with US regulations.
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Rio takes full control of Rusal alumina partnership in Australia
Mining News Pro - Rio Tinto Group has taken full control of an alumina refinery it owns with United Co. Rusal International PJSC in Australia, formally removing access to a key source of raw material for the Russian aluminum giant.
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Rusal halts alumina shipments from Ukraine
Mining News Pro - Russian aluminium producer Rusal the world’s top manufacturer of the metal outside China, has halted alumina shipments from its 1.75-Mtpa Nikolaev refinery, nearby the port of Mykolaiv in Ukraine, heightening disruptions to the alumina and aluminium market, consultancy firm Wood Mackenzie said on Monday in a research note.
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Aluminum shortages to deter blanket sanctions on Rusal
Mining News Pro - The United States and European Union countries are unlikely to impose blanket sanctions on Rusal if Russia invades Ukraine as that would exacerbate aluminium shortages, propel prices to new records and damage manufacturing, analysts say.
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Regulators in Hong Kong examine Rusal demerger plan
Mining News Pro - Hong Kong’s stock market regulators are examining plans by Russian aluminium producer Rusal to spin off its high-carbon smelters and refineries into a separate company that will be listed in Moscow, the Financial Times reported on Sunday.
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Aluminum surges on concern US may reapply Rusal sanctions
Mining News Pro - Aluminum surged to the highest in more than two years on speculation that the U.S. could reapply sanctions on one of the world’s largest producers.
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Rusal posts H1 net loss, sees weak aluminium prices in 2020
Mining News Pro - Russian aluminium giant Rusal said on Thursday its recurring net loss totalled $76-million in the first half of 2020 after a profit of $666-million a year ago as the novel coronavirus outbreak hit demand.
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As coronavirus spreads, Rusal puts brakes on Nornickel`s palladium JV
Mining News Pro - Nornickel is the world`s largest producer of palladium, which has been hit hard by the economic fallout from coronavirus. Prices have plunged 45% since February as investors started dumping the precious metal for cash.
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Rusal puts brakes on Nornickel’s palladium JV
Mining News Pro - Russia’s Norilsk Nickel said on Friday that Russian Platinum, its partner in an Arctic palladium project, had withdrawn from talks on creating the joint venture due to a lack of approval from Rusal, one of Nornickel’s shareholders.
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Rusal suspends bauxite mining in Guyana over labor conflict
Mining News Pro - United Co. Rusal Plc, Russia’s largest aluminum producer, suspended operations at its bauxite-mining unit in Guyana over a pay conflict with employees in the South American nation.
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Shares in Russia`s Rusal jump 12% on upbeat aluminium demand outlook
Mining News Pro - Russian aluminum giant Rusal expects demand for aluminum to grow in 2019 and sees potential for prices to rise, it said on Friday, sending its Hong Kong-listed shares up 12% to a 10-month high.
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Aluminium falls as U.S. lifts Rusal sanctions
Mining News Pro - U.S. lifts April sanctions on aluminium producer Rusal.
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US delays Rusal sanctions as talks with Deripaska continue
Mining News Pro - The US Treasury Department delayed imposing sanctions on Russia’s largest aluminum producer, United Co. Rusal, for the fifth time, as it seeks to strike a deal that would allow the company to escape the penalties.
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Rusal`s Oct aluminium exports up 4 percent month/month - Interfax
Mining News Pro - Russian aluminium producer Rusal , hit by U.S. sanctions since April, raised its aluminium exports by 4 percent in October compared to the previous month, Interfax news agency said.
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Rusal`s August aluminium exports up 7% from July - Ifax
Mining News Pro - Russian aluminium producer Rusal, under US sanctions since April, increased its aluminium exports by 7% in August compared to the previous month, Interfax news agency said.
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Russia may buy aluminium for state stocks to support Rusal
Mining News Pro - NOVOSIBIRSK – Russia has a plan to support world No.2 aluminium producer Rusal against US sanctions put in place in April, including by purchasing the metal for state stocks, Industry Minister Denis Manturov told reporters on Tuesday.
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Russia may buy aluminium for state stocks to support Rusal -minister
Mining News Pro - NOVOSIBIRSK, Russia, Aug 28 (Reuters) - Russia has a plan to support world No.2 aluminium producer Rusal against U.S. sanctions put in place in April, including by purchasing the metal for state stocks, Industry Minister Denis Manturov told reporters on Tuesday.
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METALS-Aluminium gains as Alcoa strikes, Rusal sanctions stoke supply fears
Mining News Pro - Aluminium prices rose strongly for a second day on Thursday, hitting their highest since late June after a strike at Alcoa alumina refineries in Australia and warnings of shutdowns by Rusal revived concerns of supply shortages. Benchmark aluminium on the London Metal Exchange (LME) did not trade in official rings but was bid up 1.4 percent at $2,136 a tonne after rising 3.3 percent on Wednesday. It hit a 15-week low of $2,000.85 in late July on expectations that the United States would allow aluminium made by Rusal, the biggest producer outside China, to keep trading on global markets and trade disputes would weaken metals demand.
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Rusal`s aluminum exports increased 49% in June
Mining News Pro - Rusal, one of Russia`s top aluminum producers, which was subject to US sanctions in April, was up 498% in June.
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Rusal’s Aluminum exports tripled by May
Mining News - In May, Rosal, the world`s second-largest aluminum producer, increased aluminum exports to 197,000 tons, which has almost tripled since April.
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IRALCO Prospects Brighten After US Sanctions on Russian Producer Rusal
Mining News Agency- In market disruptions, one’s loss is usually another’s gain. This was particularly true for the aluminum market in April.
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