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,...
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The global aluminium sector has been in highlights again due to the Ukraine-Russia stand-off. In 2021 the aluminium industry countered Covid pandemic challenges following the coup in Guinea, the leading bauxite exporter in the world. This did not end soon, but new difficulties aroused like a surge...
United Co. Rusal International PJSC can’t get hold of its share of alumina contained in an Australian joint venture therefore increasing the pressure on Russian aluminium giant to find sufficient amount of raw material it needs to feed the company plants. Two weeks back when Australian Prime...
War is never good for the economy and the earliest of its blows are felt in the industrial or manufacturing sector. This week has been full of turmoil and uncertainty following the Australian ban on bauxite import to Russia, Rusal’s Irish counterpart Aughinish Alumina is facing ownership crisis....
The Deputy Governor of Ireland, (Tnaiste) Leo Varadkar and Minister of Finance, Paschal Donohoe in their talks about the Aughinish Alumina’s future exhibited the ownership of the refinery is under scrutiny and should be altered to change the course of business. All the European sanctions against...
On March 20, in response to the Ukraine-Russia standoff, the Australian government had imposed a ban on the export of alumina, bauxite and other commodities to Russia. As a result, some industry analysts believe that Russia may now seek help from China for the alumina supply. However, Chinese...
The Russian aluminium giant and one of the leading global aluminium producers declared the accomplishment of the construction of social infrastructure facilities in the village of Tayozhny, Krasnoyarsk region with a kindergarten school and a clinic. Collectively, the company has allocated 7 billion...
Built between1979-1983, Russian aluminium giant Rusal owned Aughinish Alumina refinery is facing decline both with import and export items, causing extreme fear among the North Kerry County Community, in Ireland. Aughinish Alumina is the largest alumina refinery in Europe and the largest of the...
The Government of Australia, led by Prime Minister Scott Morrison has prohibited sale to Russia for alumina, bauxite and other commodities used as raw materials in the production of aluminium in retaliation to Russia’s invasion of Ukraine. On 20 th March 2022, Morrison also declared that Australia...
The government of Australia has sanctioned Russian oligarch Oleg Deripaska with business interests in Australia, following initially getting them off of Australia's official sanctions list. Oleg Deripaska was the President and controlling shareholder of En+ Group and the Russian aluminium giant...
The world’s largest producer of low-carbon aluminium, Rusal is redirecting bauxite consignments from Guinea to its Aughinish Alumina refinery in Ireland, while it was originally destined to Nikolaev alumina refinery in Ukraine, according to the revelation of shipping data. However, the cause of...
The week had been a quite eventful one, owing to the ongoing Russia-Ukraine conflict. As a knock-on effect from the war, a lot of changes had been taking place in the alumina industry. To begin with, Irish government has been petitioned to prohibit all Russia ships from entering the Irish...
The Russian billionaire industrialist and oligarch Oleg Deripaska, the founder of Russian aluminium giant Rusal and his company, which owns the largest alumina refinery of Europe, Auginish Alumina in Limerick has been sanctioned by the UK government. The sanctions undertake an asset freeze, a...
The administration of Joe Biden, the President of the United States of America is advocated by the top members of the ‘House of Representatives Financial Services Committee’ towards reimposement of economic sanctions on Russian oligarch Oleg Deripaska's United Company Rusal, the Russian aluminium...
The world's second-largest metals and mining company, Rio Tinto, has initiated a crucial review of its partnership agreement with Rusal, the Russian aluminium giant for Queensland venture as it looks to cut off all business cords with Russia due to its invasion in Ukraine. On 10 th March 2022, Rio...
The former energy minister of the United Kingdom, Gregory Leonard George Barker (Lord Barker) is stepping down as Chairman En+ Group, the parent company of Russian aluminium giant, Rusal and auditors of PwC and KPMG are decoupling with the country as businesses responded to sanctions against...
The holding company of Russian aluminium behemoth United Company RUSAL is envisaging by creating its global business to a different organization, as reported by industry experts to whom the company management and non-Russian investors claimed. However, the discussion inherits that the...
The Ireland government has been petitioned to disallow all Russian ships to enter Irish territorial waters following a Russian cargo ship rejected its strive to collect a bulk load of alumina produced at the Rusal owned Aughinish Alumina refinery near Askeaton on 2 nd February 2022. According to...
The increased number of sanctions due to the Russia-Ukraine conflict has sent shockwaves across the metal industry, including the alumina industry. As a result of which, Russian aluminium producer Rusal ceased alumina export from its Nikoleav refinery in Ukraine, resulting in increased supply...
