Fri, 26th Apr 2024 15:50
LONDON, April 26 (Reuters) - Commodities group Glencore bought aluminium from Russian producer Rusal worth $1.06 billion in 2023 as part of their long-term contract, the Russian producer said in an annual report on Friday.
The contract expires in 2024 unless it is extended to 2025. Glencore said in 2022 it would agree no new contracts for Russian material, but would meet existing obligations. (Reporting by Polina Devitt, Anastasia Lyrchikova and Eric Onstad; Editing by Louise Heavens)
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Glencore (GLEN)