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Anyone can enlighten me vs the story of Australia not shipping alumina to Russia?Is it just me but are we not the sucker there?Russia is 80% self sufficient in alumina and nevertheless is producing for the world market, not for RussiaSo we breach our contracts preventing our sale of alumina, to a country which does not need it anyway as they are supposedly not able to sell russian aluminium?The European smelters will just buy more russian gas and oil at a higher price to produce aluminium for the west using more expensive ore....So we barely hurt Russia but ensure aluminium gets more expensive...If the Aluminium price increases by more than 20%, then the Russian sales to ...China now.. will ensure a net win for Russia...?With strategies like that..
Anyone can enlighten me vs the story of Australia not shipping alumina to Russia?
Is it just me but are we not the sucker there?
Russia is 80% self sufficient in alumina and nevertheless is producing for the world market, not for Russia
So we breach our contracts preventing our sale of alumina, to a country which does not need it anyway as they are supposedly not able to sell russian aluminium?
The European smelters will just buy more russian gas and oil at a higher price to produce aluminium for the west using more expensive ore....
So we barely hurt Russia but ensure aluminium gets more expensive...
If the Aluminium price increases by more than 20%, then the Russian sales to ...China now.. will ensure a net win for Russia...?
With strategies like that..
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