Glencore PLC (LSE:GLEN) The company reportedly shipped “significant quantities” of aluminum mined in Russia to a London Metal Exchange warehouse in South Korea.
The FTSE 100 commodities trader shipped an undisclosed quantity of the metal, which came from Russian producer Rusal, Reuters reported, citing various sources.
It has been noted that some aluminum buyers and end users in various industries do not want Russian aluminum in their products, resulting in ‘unwanted’ metal like this entering the…