- Write by:
-
Tuesday, June 5, 2018 - 6:56:48 PM
-
1920 Visit
-
Print
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.
Citing Russian Railways data, Interfax said January-May aluminium exports totalled 972 000 tonnes, down 16% on a year earlier.
Sources told Reuters last month that Rusal, placed under US sanctions in April, has resumed shipping aluminium to some customers following an extension of a deadline for companies to wind down contracts with the Russian firm.
After the sanctions were imposed on April 6, some customers had asked Rusal to stop shipping metal until their legal and compliance teams had confirmed their contracts allowed them to take Rusal`s aluminium until October 23, sources said at the time.
Last year, Rusal, where Oleg Deripaska`s En+ is a controlling shareholder, exported 3.95-million tonnes of aluminium, of which 42% was shipped to Europe.
Short Link:
https://www.miningnews.ir/En/News/188957
China’s Tianqi Lithium said on Thursday it has formally requested that a proposed joint venture between lithium company ...
Zimbabwe’s President Emmerson Mnangagwa has re-appointed Winston Chitando as the southern African nation’s mines ...
A new report by IDTechEx states that investing in e-haul trucks could result in major savings for miners due to the ...
Nigeria has revoked 924 dormant mining titles immediately and invites investors to freely apply for the affected ...
Canada and its Five Eyes Alliance partners are working on put forward a response to tackle the price manipulation of ...
The London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim ...
Copper traded near $10,000 a ton, hitting a new two-year high on its way, as investors continue to pile in on a bet that ...
Adriatic Metals is taking over as the operator of the Rupice deposit development, which is part of the company’s Vares ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
No comments have been posted yet ...