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Aluminum: Rio Tinto cuts ties with Russian companies
Rio Tinto became the first major mining company to announce that it was cutting all ties with Russian firms, joining a massive exodus of Western companies after Moscow's invasion of Ukraine. The world's second-largest miner, which operates aluminum refineries in...
Aluminium: Aluminium Dunkirk signs agreement to buy raw material from Glencore
French smelter Aluminium Dunkerque has signed a deal to source alumina from Glencore, expanding its supply chain after previously buying only from Trafigura. The multi-year contracts, effective from 2023, come at a time of disruptions in exports of raw materials such...
Russian fuel supply is the latest headache for Rio Tinto’s Mongolia copper expansion
Rio Tinto is working to avoid a new challenge to its giant Oyu Tolgoi copper-gold mine in Mongolia by keeping relations with Russia steady as the company tries to secure supplies of fuel and other assets. While Rio has begun looking at alternative fuel sources for Oyu...
Aluminum: Joe Biden’s administration presses to reimpose sanctions on Rusal
The administration of Joe Biden, the president of the United States of America, is being urged by the leadership of the House of Representatives Financial Services Committee to re-impose economic sanctions on Russian oligarch Oleg Deripaska's United Company Rusal, the...