Aluminum traders had seen this movie before back in 2018, when US sanctions on Rusal's owner Oleg Deripaska caused massive upheaval along the entire length of the global supply chain.

Bloomberg News reported that Russia's Rusal was working on a plan to deliver its aluminium to LME facilities.

Rusal isn’t under Western sanctions but it’s nonetheless being hit as some big consumers in Europe.

Deal between Indonesian state miners could terminate a contract to build an alumina smelter with its engineering, procurement, and construction contractor, due to lack of progress.

Europe's power crisis, production cuts and shortages of aluminum have left consumers in a quandary about Russian supplies of the metal vital for the region's transport, construction and packaging industries.

Alpha HPA and Cobalt Blue will get about A$15 million each to set up an ultra-pure aluminum chemical plant and a cobalt project, respectively.

Proposals to soften the impact of surging power prices will not shield metals producers from further production cuts and job losses, industry groups say.