United Company RUSAL Plc (0486.HK)
18 May 2018
Mon, May 21 2018
HONG KONG Russia's largest aluminum producer Rusal said on Monday it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by U.S. sanctions.
(Updates prices) By Manolo Serapio Jr MANILA, May 18 London aluminium futures slipped for a third straight session on Friday as inventories increased, easing worries over a supply shortage in the aftermath of U.S. sanctions on major Russian producer Rusal. On-warrant aluminium stocks in warehouses certified by the London Metal Exchange - inventories that are not earmarked for delivery - surged by 153,075 tonnes or 18 percent on Wednesday, LME data showed on Thursday. <
* U.S. Treasury eased Rusal restrictions after 17 days (Adds Boeing denial in paragraph 8.)
MOSCOW, May 14 Russia is not considering buying stakes in EN+ and Rusal, two companies hit by U.S. sanctions last month, acting Finance Minister Anton Siluanov said on Monday.
OSLO Aluminium maker Norsk Hydro may declare force majeure on contracts it has with Russia's United Company Rusal due to U.S. sanctions, the Norwegian company said on Friday.
OSLO, April 20 Aluminium maker Norsk Hydro may declare force majeure on contracts it has with Russia's United Company Rusal due to U.S. sanctions, the Norwegian company said on Friday.
BEIJING, April 20 London aluminium prices fell for a second day on Friday as a rally driven by fears of a supply shortage in the wake of U.S. sanctions on Russian producer United Company Rusal looked to lose momentum. Still, the metal is on track for a weekly rise of around 7.6 percent, having climbed 11.9 percent last week in the wake of the Rusal sanctions, its biggest weekly jump since 1988. FUNDAMENTALS * LME ALUMINUM: Three-month aluminium on the London
LONDON The shocks from the imposition of U.S. sanctions on Oleg Deripaska and his UC Rusal aluminium empire are still rolling through the market.
MELBOURNE Global miner Rio Tinto on Wednesday flagged possible changes to its 2018 aluminium output following U.S. sanctions on its Russian partner Rusal earlier this month.
LONDON "Who's next?" investors in Russia are asking as they scramble to clear their portfolios of "oligarch risk" - holdings in companies that may be next in line for U.S. sanctions after metals company Rusal was targeted last week.