Mining News Pro - The share of available aluminum stocks of Russian origin in London Metal Exchange-approved (LME) warehouses rose to 90.4% in December from 78.8% in November, data on the exchange’s website showed on Wednesday.

Wednesday, January 10, 2024 - 23:31:58

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Mining News Pro - Citigroup Inc. has bought about $160 million of Russian aluminum from the London Metal Exchange, something many banks have refused to touch since the invasion of Ukraine.

Friday, August 18, 2023 - 22:16:40

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Mining News Pro - Commodity trader Glencore has deposited more Russian aluminum in warehouses approved by the London Metal Exchange (LME) in the South Korean port of Gwangyang, one source with knowledge of the matter told Reuters.

Thursday, April 13, 2023 - 00:15:52

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Mining News Pro - The political fracturing of the aluminum market looks set to intensify as the United States mulls imposing penal tariffs of up to 200% on imports of Russian metal.

Saturday, February 11, 2023 - 19:37:04

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Mining News Pro - Banning Rusal’s metal will fuel volatility in the London Metal Exchange’s aluminum contracts and create uncertainty about the exchange’s role in the metals industry, the Russian aluminum giant said in a letter seen by Reuters.

Wednesday, October 5, 2022 - 22:37:29

Visit: 1059

Mining News Pro - Europe’s power crisis, production cuts, and shortages of aluminum have left consumers in a quandary about Russian supplies of the metal vital for the region’s transport, construction and packaging industries.

Sunday, September 18, 2022 - 11:36:20

Visit: 709

Mining News Pro - The European Union and United States have ramped up buying key industrial metals from Russia, data showed, despite logistical problems spurred by the war in Ukraine and tough talk about starving Moscow of foreign exchange revenue.

Thursday, September 8, 2022 - 21:16:03

Visit: 614