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03/23/2022
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By Mary Villareal
Aluminum prices soar as Australia bans alumina exports to Russia
The ban on alumina exports to Russia has added more pressure on aluminum giant United Co. Rusal International PJSC. Moscow-based Rusal shares dropped after Australian Prime Minister Scott Morrison announced that the country is immediately banning exports. Australia supplies almost 20 percent of Russia’s alumina, which is a key ingredient for producing aluminum. Its exports of […]
03/10/2022
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By Ethan Huff
GLOBAL SHOCKWAVE: Russia announces plans to ban commodity exports following Western sanctions
Though he has not yet specified which goods will be restricted, Russian President Vladimir Putin has promised that some commodities and raw materials will soon be banned from export in response to Western sanctions against the Federation. In a decree issued Tuesday night, March 8, Putin gave the Russian cabinet two days to come up […]
05/21/2019
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By JD Heyes
Will China retaliate against POTUS Trump’s tariffs with ban on rare earth materials? “Green energy” production could be sharply impacted
Without question, U.S. industrial and technology production under POTUS Donald Trump’s administration has grown by leaps and bounds, thanks to his business-friendly policies of cutting regulatory red tape and corporate taxes. However, the president’s strategy of putting financial pressure on China in order to produce a better trade arrangement through the steady imposition of tariffs […]
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