Our website uses cookies to improve and personalise your experience and to display advertisements(if any). Our website may also include third-party cookies like Google Adsense, Google Analytics, and Youtube. By using the website, you consent to the use of cookies. We have updated our Privacy Policy. Please click on the button to check our Privacy Policy.

Russia’s Rusal diverts ore to Ireland after Ukraine plant shuttered

Russia’s Rusal diverts ore to Ireland after Ukraine plant shuttered

JOE BAVIER, HELEN REID and CLARA DENINA Russian aluminium giant Rusal is diverting bauxite cargoes from Guinea to its refinery in Ireland after the original destination in Ukraine shut down because of the Russian invasion, shipping data shows. The logistics rethink for the world’s second-largest aluminium producer, which is not under sanctions, illustrates the kinds of supply chain disruptions now rippling through the interconnected global economy, driving up prices for some goods. Tesla Inc raised its prices in China and the United States for the second time in less than a week on Tuesday, citing surging raw materials costs because…
Read More
Bauxite trains operated by Russia’s Rusal collide in Guinea, killing one

Bauxite trains operated by Russia’s Rusal collide in Guinea, killing one

SALIOU SAMB and POLINA DEVITT TWO trains operated by Russian aluminium giant Rusal have collided in Guinea's capital Conakry, killing at least one person and injuring several others, according to witness accounts and footage on social media. The world's third-largest aluminium producer operates three bauxite mines and an alumina refinery in the coastal West African nation. The Guinea mines make up 42% of Rusal's total bauxite capacity. Rusal said an investigation had been launched into the cause of the incident and that company representatives were providing support to the relevant authorities in Guinea. A timetable for the resumption of transportation…
Read More