Glencore buys only small amounts of aluminium under Rusal contract-filings

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18/09/2023 16:47

LONDON, Sept 18 (Reuters) - Glencore bought only a small
portion of a potential 6.9 million metric tons of aluminium it
could have bought in 2020 to 2022 under its contract with
Russia's Rusal, which could be extended to 2025, regulatory
filings show.
    Commodities group Glencore  GLEN.L , under pressure to stop
buying metal from Rusal  0486.HK  due to Moscow's invasion of
Ukraine, said last year it would make no new contracts for
Russian material, but would meet existing obligations.
    Glencore declined to comment and Rusal did not immediately
reply to a request to comment. 

 (Reporting by Eric Onstad and Polina Devitt; editing by Pratima
Desai)
 ((eric.onstad@thomsonreuters.com; +44 20 7542 7093; Twitter https://twitter.com/reutersEricO;
 Reuters Messaging: eric.onstad.thomsonreuters.com@reuters.net))