https://www.theglobeandmail.com/
Rio Tinto chief executive officer Jakob Stausholm last month had a downbeat message for the mining giant’s Canadian aluminum operations with prices for the lightweight metal plummeting by almost half since briefly hitting a record high earlier this year.
“It is actually very difficult to have a profitable aluminum industry in North America at this time because Russian aluminum is flowing in,” Mr. Stausholm told Bloomberg News. “Right now we have the lowest aluminum price this year and you would have thought the Russia-Ukraine crisis would have led to higher prices in aluminum.”