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Rio Tinto declares force majeure on Australian alumina cargoes

Rio Tinto Group has declared force majeure on alumina cargoes from its refineries in Queensland, Australia, due to shortages of gas to power its operations, according to people familiar with the matter. The company notified clients on Monday, the people said, asking not to be identified discussing private information. Rio produces alumina — the raw material for making aluminum — at its Yarwun refinery and at Queensland Alumina, a joint-venture it owns with Russia’s United Co. Rusal International.

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Rio Tinto announces force majeure for Queensland alumina shipments

Rio Tinto has declared force majeure on shipments of alumina from its refineries in Queensland, Australia, Bloomberg reported.

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Rio Tinto Declares Force Majeure on Australian Alumina Cargoes

Rio Tinto Declares Force Majeure on Australian Alumina Cargoes
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Citi Buys $160 Million of Russian Aluminum Others Won t Touch

(Bloomberg) 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.Most Read from BloombergUS Consumers Near Day of Reckoning as Pandemic Cash Stash ShrinksVietnam Tycoon Loses $18 Billion After EV Maker’s Shares SinkMercedes-Benz Unveils the New Generation of Its Brawny AMG GT Sports CarBiden’s Top Lawyer to Depart White House as Probes Ramp UpBiden Wants to Sell His Economic Pl

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