Rio Tinto, the world's second-largest miner by market value, joined the list of multinational companies shunning the Russian market after the conflict between Russia and Ukraine escalated. The company said Thursday it was "terminating all commercial relationships with any Russian companies."
Rio runs the joint venture, Queensland Alumina, with Russian aluminium producer Rusal, which has a 20 per cent stake. Rio declined to comment further on the impact of the joint venture, but reiterated a statement made last week that the company had put in place "appropriate structures" to ensure Queensland Alumina's operations would not be disrupted.
It is unclear whether Rio's latest move will affect its Operations in Mongolia, where it buys fuel and other products from Russia for use in operations such as its Oyu Tolgoi copper mine.
Rio kuj tseem tswj hwm lub chaw tsim khoom alumina loj hauv Queensland, Australia, uas Rusal muaj 20 feem pua ntawm cov tswv cuab. Lub tuam txhab tab tom tshuaj xyuas cov kev xaiv rau kev koom tes zoo li no, Phau Ntawv Xov Xwm tau hais, hais txog cov neeg paub txog qhov teeb meem.
Tam sim no, ntau tshaj 300 European thiab American multinational tuam txhab uas muag tau tshaj tawm ntau yam kev ncua ntawm kev lag luam thiab peev kev ua ub no nyob rau hauv Russia, npog lub zog, aviation, tsheb, khw muag khoom, kev tsim, nyiaj txiag, technology thiab catering, suab paj nruag, kev sab laj thiab ntau lwm yam.
Ntawm cov tuam txhab hluav taws xob, Exxon Mobil, lub tuam txhab lag luam loj tshaj plaws hauv Teb Chaws Asmeskas, tau rub tawm ntawm nws txoj haujlwm Sakhalin-1LNG thiab yuav tsis ua lag luam tshiab hauv Russia. BP thiab Plhaub tab tom rub tawm ntawm kev sib koom ua lag luam hauv Russia thiab tab tom thim cov neeg ua haujlwm hauv lub tebchaws.
In response, Russia is drafting legislation to consider "nationalizing" the exited property
