Home > News > Russia

Glencore deposits more Russian aluminium on LME system

Thursday, Feb 09, 2023

   Commodity trader Glencore has deposited more than 100,000 tonnes of aluminium in London Metal Exchange registered warehouses in the South Korean port of Gwangyang, two sources with knowledge of the matter told Reuters.

  Rusal produces aluminium in Russia and accounts for 6% of global supplies estimated at around 70 million tonnes this year. Neither Rusal nor its metal has been targeted by sanctions against Russia following its invasion of Ukraine.

Recommended exhibitions

Notice of Postponement of ALUMINIUM CHINA & Lightweight Asia
Notice of Postponement of ALUMINIUM CHINA & Lightweight Asia 2020......
China Lightweight Vehicle Summit 2018
China’s automobile industry development has faced with enormous pressure on energy and environmental protection. In ord......
Aluminum company promises to hire 550 in heart of Appalachia
An aluminum company says it will build a $1.3 billion plant in the heart of Appalachia, promising to hire 550 people and......
Aluminium China 2017 to Drive Industry Transformation in Lig
This year’s Aluminium China in Shanghai from 19-21 July is set to mark a new period of growth in the aluminium industry......