NON-FERROUS WEEK IN BRIEF: Rio Tinto force majeure; manganese ore port stock activity; China minor metals overview; Norilsk Nickel’s Penny interview

Metal Bulletin rounds up some of the key news and price moves across the global metal markets this week.

Base metals Rio Tinto is declaring force majeure on some of its contracts after reviewing its arrangements with UC Rusal in light of US sanctions on the Russian aluminium producer. Rio Tinto plc is in a position to take advantage of a current squeeze in aluminium supply in the United States, through both its Canadian smelters and other foreign supply, according to the top executive of the company's aluminium division. Russian nickel producer Norilsk Nickel (Nornickel), which is partly owned by UC Rusal, is unlikely to be affected by sanctions imposed by the US and thus...


Hassan Butt

April 13, 2018

18:30 GMT