Commodities Rally Accelerates, Rusal Now Forced To Rent Space To Store Aluminum Stockpile

Commodities Rally Accelerates, Rusal Now Forced To Rent Space To Store Aluminum Stockpile

We’re just at the very beginning ... of trying to determine what is the outcome here. That's from Alcoa CEO Roy Harvey, and he's of course referencing the mad scramble to figure out what to do now that the U.S. has turned the screws on Oleg Deripaska and Rusal. As Harvey alludes to above, this is an ongoing drama. Companies have until May 7 to exit any operations with Rusal and until June 5 to be done with any pre-existing contracts. "What is notable is that the Treasury Department has not
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