Rusal

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The US sanctions have cut Rusal off from global markets and left buyers of its alumina unable to continue with their contracts.  Rusal owns the Aughinish refinery in Ireland, which employs 450 workers.

Russia is demanding compensation from the United States for its decision to impose worldwide tariffs on steel and aluminium, a Russian statement publi(...)

Alumina is a key ingredient in the manufacture of aluminium. Photograph: Reuters

The price for alumina, a key ingredient for making aluminium, has surged to an all-time high above $700 (€565) a tonne following US sanctions against (...)

The Aughinish Alumina refinery in Limerick.

Aluminium prices touched a new six-year high on Monday as the dollar fell and after Rio Tinto said on Friday it would declare force majeure on some of(...)

Employees exiting from the Eir Group headquarters at Heuston South Quarter on Thursday after news of 750 redundancies was announced. Photograph: Alan Betson

Richard Moat, who stepped down this week as chief executive of Eir, said five years’ ago (then as chief financial officer) that he hoped a programme t(...)

Paper and packaging group Smurfit Kappa rose in line with European paper-makers. Photograph: Bloomberg

A flutter of cautious optimism on global trade helped European shares advance on Friday, sealing their third straight week of gains, although a turn l(...)

Rio Tinto supplies bauxite to Rusal’s Irish plant at Askeaton in Co Limerick. Photograph: Reuters

Aughinish Alumina’s main supplier of a key raw material signalled on Friday it plans to invoke a clause allowing it to pull a supply contract with the(...)

The Rusal plant, open for 35 years, is seen as a strongly positive example of inward investment policy.

It is a long way from Moscow to the rural Irish outpost of Russian billionaire Oleg Deripaska that supplies as much as 30 per cent of the European alu(...)

A tie-wearing Mark Zuckerberg gets the press horde treatment on Capitol Hill in Washington on Tuesday. Photograph: Leah Millis/Reuters

In numbers: Russian punishment 7 Number of Russian oligarchs hit by a new wave of US sanctions, with the protectionist White House taking a break fr(...)

Arnotts is to get an €11 million refurbishment.

Selfridges Group is to pump €11 million into its Dublin department store, Arnotts, to fund a refurbishment and an upgrade of its technology systems, w(...)

Aluminium ingots  stored at the foundry shop of the Rusal Krasnoyarsk aluminium smelter in the Siberian city of Krasnoyarsk, Russia, last year. Photograph: Ilya Naymushin/Reuters

Debt issued by the Dublin-based vehicle used by Russian aluminium giant Rusal to raise finance in international markets has been impacted by sanctions(...)

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