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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On 3 rd March 2022, the primary stock exchange in the United Kingdom and the largest in Europe, the London Stock Exchange (LSE) announced that it had suspended with immediate effect the trading of global depository receipts (GDRs) of various Russia-based companies including En+ Group. The London...
Simon Coveney, Minister for Foreign Affairs in Ireland, has reportedly said that he is willing to work with management of the Aughinish Alumina refinery in Askeaton to mitigate the impact of sanctions on Russia for its invasion of Ukraine. Mr Coveney has asked the European Commission to consider a...
On 2 nd March 2022, the Indian stock market demonstrates the upward movement of the share prices of the Indian metal companies in a weak market, following the Russia Ukraine combat, which generated opportunities for the metal firms to boost their export, as imposed sanctions and intensifying ties...
According to Platts report, Alcoa’s chief financial officer Willian Oplinger shared his forecast that aluminum prices would continue to inflate while alumina supply to become tighter as a result of international sanctions imposed on Russia due to its military invasion of Ukraine. “It’s a very fluid...
On 1 st March 2022, Switzerland headquartered Anglo-Swiss multinational commodity trading and mining company Glencore stated that it is evaluating all its business activities in Russia comprising equity stakes in aluminium and hydropower group giant En+ Group among other firms in different sectors....
On Monday, February 28, Russian aluminium producer Rusal, the world’s top metal producer ex-China, suspended alumina shipments from its Nikolaev refinery in Ukraine, resulting in increased supply disruptions across the alumina and aluminium market, reported consultancy firm Wood Mackenzie. Ami...
The Defence Secretary of the United Kingdom, Ben Wallace has stated his words very strongly following the ongoing Russia-Ukraine military conflict that the former Energy Minister Lord Barker must step down from his Chairmanship at the Russian aluminium and energy giant En+ Group and also must...
The sudden hike in the number of events in alumina segment is primarily due to the anticipation of the crisis between Russia and Ukraine. The conflict has stirred the raw material industry greatly, causing record breaking inflation in prices of raw materials. Apart from this, looking at the current...
Following the succession of diplomatic entries to the Kremlin over the past few weeks, in regards to the standoff between Russia and Ukraine steering a manifestly dangerous whirl with the progress by Vladimir Putin, the Russian President to count that the Ukrainian regions of Donetsk and Luhansk...
In Hong Kong, shares of United Co. Rusal International fell as much as 22% as investors watched the dramatic escalation in the West's standoff with Moscow over Ukraine. This is the greatest drop since April 2018, when Rusal was struck by an earlier wave of US sanctions in response to what the US...
This week saw releases of quarterly and full-year operational and financial reports by some leading primary aluminium producing companies like Rusal from Russia, Alba from Bahrain, and NALCO from India. Rusal reported a 1 per cent quarter-on-quarter growth in its aluminium production to 953,000...
Rusal reported a 1 per cent quarter-on-quarter growth in its aluminium production to 953,000 tonnes in Q4 2021, with Siberian smelters representing 93 per cent of the total output. In full-year, Rusal’s aluminium production stood at 3.764 million tonnes, mostly unchanged compared to 3.755 million...
The Russian aluminium giant, Rusal has developed an optimised 5xxx series aluminium alloy for further anodising and commenced its production at the Bratsk Aluminium Smelter (BrAZ). The Technical Directorate of Rusal masterminded a general assessment of the alloy and organised its mass production....
Rusal, a leading global Russian aluminium producer, announced its operating results for the fourth quarter of 2021 and for the 12 months ending December 31, 2021, revealing bauxite production in Q4 at 3.602 million tonnes, a decrease of 5 per cent from 3.792 million tonnes in Q3 2021. The decrease...
The groups of local campaigners in Limerick, Ireland stated their protest for any expansion of Rusal owned Aughinish alumina’s refinery, as the alliance raised their voice for the objectionable environmental risk to the Shannon estuary and the health of local people. On 7 th February 2022, Pat...
Alexander Krokhin graduated from the National University of Science and Technology and is a qualified engineer specialising in “Machines and Technology of Metal Processing by Pressure”. Alexander was previously the Technical Director of the Rusal's "Moskabelmet" plant based in Moscow, which focused...
Foreign Affairs Minister Simon Coveney has reportedly put an alert that the threat of sanctions on Russia’s President Vladimir Putin could take a toll on Rusal’s Aughinish Alumina refinery, Europe’s largest bauxite refinery, in County Limerick. Aughinish Alumina refinery employs nearly 900 people...
The major alumina asset of Rusal and one of the world’s leading energy-efficient refineries, Aughinish alumina stated that numerous developments are essential at their facility near Askeaton, Limerick County to pursue production until at least 2039. However, lacking these developments, the company...
