Ukraine conflict: Rusal’s best decade may end as customers flee, costs soar amid Russia sanctions

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Rusal’s decade-long earnings streak may come to an end, as Western sanctions after Russia’s invasion of Ukraine drive away global customers, leaving the aluminium producer to contend with soaring costs in financing, logistics and raw materials.

The world’s second-largest aluminium producer said its future is “highly uncertain” as it is unable to assess the consequences of worldwide sanctions and operational restrictions on Russian firms and individuals, as well as any countermeasures from Moscow.