Commodity trader Glencore has shipped significant quantities of Russian-origin aluminum to London Metal Exchange registered warehouses in Gwangyang, South Korea, two sources with direct knowledge of the matter said on Tuesday.
Another source with direct knowledge said the aluminum shipped to Gwangyang was made by Rusal.
Deliveries to LME warehouses underscore the difficulties facing Rusal RUAL.MM, 0486.HK, the world’s largest aluminum producer outside of China, in 2022…
