Monday, March 4, 2024
28 C
Brunei Town

Australia bans alumina, bauxite exports to Russia

SYDNEY (AFP) – Australia expanded its sanctions against Russia over the invasion of Ukraine yesterday, immediately banning all exports of alumina and bauxite while pledging more weapons and humanitarian assistance.

The export ban aims to impact aluminium production in Russia, which relies on Australia for 20 per cent of its alumina.

It comes just days after Canberra sanctioned oligarch Oleg Deripaska, who owns a stake in Queensland Alumina Limited – a joint venture between Russian aluminium company Rusal and mining giant Rio Tinto, which has vowed to sever all business ties with Russia.

Australian Prime Minister Scott Morrison said his government was working with partners to “put the maximum cost, the maximum pressure on the Putin regime to withdraw from Ukraine”.

Morrison said Australia had levelled 476 sanctions against Russian individuals and institutions since the invasion began.

Australian Prime Minister Scott Morrison. PHOTO: AFP
spot_img

Latest

spot_img