Glencore Declares Force Majeure on Some Aluminum Contracts -Bloomberg
April 12 2018 - 2:34AM
Dow Jones News
--Glencore has been forced to walk away from some aluminum
contracts as a result of the U.S. sanctions against Russian company
United Co. Rusal, reports Bloomberg, citing unknown sources.
--The declaration of force majeure applies to contracts for
about 50,000 metric tons of metal of Russian origin, allowing
Glencore to walk away from the deals, says Bloomberg.
Full story: https://bloom.bg/2EFc5TB
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(END) Dow Jones Newswires
April 12, 2018 02:19 ET (06:19 GMT)
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