ALUMINIUM
Mining major Rio Tinto will declare a force majeure on certain contracts with the world’s second-largest aluminium producer, United Company Rusal, after the US government imposed sanctions against a number of Russian businessmen and corporations.
Rio told shareholders that the company had reviewed its arrangements with Rusal, following the US government announcement, including Rusal’s 20% interest in Queensland Alumina refinery, which produces some 3.95-million tonnes a year of alumina.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access