Australia's Alumina Ban Adds Pressure on Russia's Rusal

The video discusses the aluminium supply issues exacerbated by the Russian invasion of Ukraine, highlighting RUSAL's logistical challenges and the impact of Australia's alumina ban on Russia. It also covers Rio Tinto's decision to end its relationship with RUSAL and comply with Australian directives. The video concludes with an analysis of the fluctuating aluminium prices, noting a recent rise in London.

What was the state of aluminium supply before the Ukraine invasion?

• It was already in short supply.

• It was in surplus.

• It was unaffected.

• It was increasing rapidly.

What additional challenge did RUSAL face apart from logistical issues?

• A decrease in demand.

• A shortage of skilled labor.

• A ban on alumina imports.

• A ban on aluminium exports.

How did the Australian government respond to the situation with RUSAL?

• By increasing alumina supply.

• By collaborating with RUSAL.

• By unilaterally stopping alumina supply to Russia.

• By imposing sanctions on aluminium.

What is Rio Tinto's stance regarding its relationship with RUSAL?

• It plans to increase its stake.

• It plans to strengthen its partnership.

• It intends to end its relationship.

• It is neutral and undecided.

What was the trend in aluminium prices mentioned in the transcript?

• Prices were rising again after a slight pullback.

• Prices were unaffected by the market changes.

• Prices were decreasing.

• Prices were stable.