Russian aluminium giant Rusal recently shook the global market with its plan to slash output by more than 6%, citing skyrocketing alumina prices and weakening domestic demand. The company has had a robust growth trajectory over the past five years, with net sales expanding at a compound annual growth rate of 10.6% and net profit growing at 13.1%. In recent …
Canberra says Russia relies on Australia for 20 percent of its alumina needs and the export ban will limit its capacity to produce aluminium. Announcing the export ban on Sunday, the Australian government said “Russia relies on Australia for nearly 20 percent of its alumina needs” and that the move will affect Russian aluminium production. The Australian export ban comes …
