A series of blasts rocked an arms depot at a Russian military base in Siberia on Monday, August 5. This led to the injury of eight people and eleven thousand Russians were being evacuated from neighbourhoods in Krasnoyarsk region’s city of Achinsk following the blasts.
Suspension of operations at the country’s biggest alumina producing plant is likely to create tension in the market. This might create a supply concern and lift the prices for alumina in the international market.