Leading Russian aluminium producer RUSAL is considering mothballing four alumina and bauxite facilities as the company faces combined annual losses of around USD 800 million. The move hints at the growing pressure on the economics of domestic raw-material production. RUSAL is also estimating losses...
Alumina exports from RUSAL’s Friguia refinery in Guinea have been halted after a train carrying the material derailed over the weekend, disrupting rail access to the plant and forcing production to slow, three sources told Reuters. The train, operated by Russian aluminium producer RUSAL RUAL.MM,...
Grow with
AL Circle
In a renewed contract, the Russian aluminium giant Rusal agreed to continue the supply of primary aluminium and aluminium scrap to the En+ Group subsidiary KraMZ. Rusal, one of the world's leading aluminium producers, announced that it will supply about 77,220 tonnes of the material until December...
This week, the global primary aluminium segment witnessed limited but significant events. To begin with, Norsk Hydro and the other two partners announced their planning's to construct an onshore wind farm along Norway's west coast for a price ranging from 3 and 4 billion Norwegian crowns ($304...
The Board of the Russian aluminium giant and one of the world’s leading aluminium producers, Rusal, has approved the updated climate strategy until 2032 with a perspective up to 2050. The updated climate strategy was adopted at the Rusal Board of Directors meeting in Krasnoyarsk. The Strategy is...
The advent of the Paris Agreement in 2015 made it very clear to the energy-intensive industries of the world that it was high time to curb their carbon emissions. Factories and refineries were warned about the severe effects of carbon earlier, but with this agreement, the entire world came to...
Sustainability in the primary aluminium industry has grabbed the limelight this year. Both producers and consumers are increasingly making efforts to achieve a sustainable future. While the former are adopting innovative technologies and developing skills to reduce carbon emissions for producing...
This week the primary aluminium sector faced major market-related ups and down, with Rusal chief executive Evgenii Nikitin warning the deputy prime minister of Ireland, Leo Varadkar, on the boycott of Russian aluminium and its harrowing effects on the EU’s national economy. On December 5, the...
The Russian aluminium giant Rusal, which is also among the biggest producers of aluminium worldwide, has risen to the top of the annual Donor Forum association ranking for corporate social responsibility. RUSAL received the highest rating possible and was placed in the A + category, as determined...
The European Union's politically independent executive arm, the European Commission, is planning to bring a proposal for a ban on new investments in Russia's mining sector as part of a new package of sanctions for the Russia-Ukraine geopolitical crisis. In accordance with our source, the...
Leo Varadkar, the deputy prime minister of Ireland, was told by Rusal chief executive Evgenii Nikitin that a boycott of his company's aluminium would have "significant systemic effects" on the European manufacturing sector. Rusal is one of the leading aluminium producers in the world and is the...
After talking with company bosses, Niall Collins, the Limerick TD and Minister of State has played down fears of job losses at Aughinish Alumina. According to the company's directors and auditors, the Ukraine-Russia geopolitical conflict and its economic impact are threatening the future viability...
This week, the global primary aluminium segment recorded many important events. To begin with, with the news of the London Metal Exchange not prohibiting Russian metal from being traded on its platform, there was a rush to negotiate contracts with the two largest mining and smelting firms in...
The Pittsburgh, US-based industrial corporation and eighth-largest aluminium producer, Alcoa, supports the proposal submitted last week by Russian aluminium giant Rusal for the London Metal Exchange to bring forth the details concerning the source of all metal in LME-approved warehouses. Following...
According to our European report, there has been a rush to sign contracts with the two major mining and smelting companies in Russia following the London Metal Exchange's decision not to forbid Russian metal from being traded on its platform and stored at its warehouses. Some buyers had postponed...
On November 5, 2022, as part of its first 2022 edition, Mines Awards Guinea organized in Conakry at the national capital, a ceremony to reward the best companies and leaders operating in the Guinean mining sector, as well as the localities exploited for the excellent use of taxes paid to them. This...
The Russian aluminium giant and the sole primary aluminium producer in Russia, RUSAL, revealed its updated corporate Environmental Policy. The Environmental policy sets the company goal as “Creating a fundamentally new approach to production to meet the principles of the green economy” and for this...
In the current fiscal year, the Jamaican Government estimates the value of mining and processing earnings from bauxite and alumina to be $507 million (JMD$77 billion), seven per cent more than the fiscal year 2020-2021. Jamalco is expected to reopen its operations in August 2022. The US and...
On October 24, 2022, Hilde Merete Aasheim, the President and CEO of the Norwegian aluminium producer Norsk Hydro called on the United States and the European Union to halt importing Russian aluminium onto their territories. According to the Hydro chief, around half of Europe's primary aluminium...
On October 24, 2022, five European industry associations stated that they had urged European authorities to stave off sanctions, tariffs or boycotts against Russian aluminium. Otherwise, it might create a situation where thousands of companies would go out of business, and develop unemployment. The...
