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Russia

Russia is a transcontinental country spanning Eastern Europe and northern Asia, and the world's largest country by land area. Its capital is Moscow, and the country has a population of about 144-million people. Russia operates as a federal semi-presidential republic, though its governance has become increasingly centralised under President Vladimir Putin. The economy is heavily dependent on natural resources, particularly oil, natural gas, coal and metals, which dominate exports and government revenues. Russia is a major global energy supplier, with state-controlled companies such as Gazprom and Rosneft playing pivotal roles in international energy markets. The country is also a significant producer of wheat, fertilisers and military equipment. Russia's currency is the rouble, and it is a member of regional blocs including the Eurasian Economic Union and BRICS Plus. The country has historically been a destination for labour migration from former Soviet states and, more recently, has sought to expand economic and diplomatic ties with African nations. Since the 2022 invasion of Ukraine, Russia has faced extensive international sanctions that have reshaped its trade relationships and prompted closer engagement with non-Western economies. Russia's business environment is characterised by state influence in strategic sectors, regulatory complexity and geopolitical volatility.

Russia News


Raw copper produced in Zambia at port
India revives talks with Zambia to invest in critical minerals, sources say
1st September 2026 By: Reuters

India has resumed talks with Zambia to explore investment opportunities in copper and other critical minerals, two sources said, as New Delhi looks increasingly overseas for raw materials to meet... 


An image of Simandou
Iron-ore production set for further growth to 2030 – BMI
31st August 2026 By: Tasneem Bulbulia

Global iron-ore production growth will accelerate over 2026 to 2030, averaging 2.2% growth over that period, compared with 1.2% over the previous five years, with production expected to reach... 


Alrosa diamond
Alrosa posts H1 loss due to weak diamond market, strong rouble
28th August 2026 By: Reuters

Russian diamond miner Alrosa, the world's largest diamond producer, slipped into a loss in the first half of 2026 amid an ongoing industry crisis and a strong rouble, the company said on Thursday.... 


Crude oil
US refiners face historic stress test as global crisis looms, Reuters columnist says
24th August 2026 By: Reuters

US refineries have operated near maximum capacity for the longest sustained period in over a quarter century,scrambling to capture windfall profits created by the Iran war. But history offers a... 


Norway Energy Minister Terje Aasland
Norway will drill in Arctic regardless of EU's position, says energy minister
24th August 2026 By: Reuters

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as... 


Steel mill
Indian steel mills face margin squeeze as global coking coal prices rise
19th August 2026 By: Reuters

Indian steel mills are facing mounting pressure on margins as higher coking coal prices, driven by supply disruptions in Australia and China and the Iran war, raise steelmaking costs, executives... 


An image of the Tumela mine at the Amandelbult operation
First half PGM supply shows recovery, rather than sustained production growth – Heraeus
17th August 2026 By: Tasneem Bulbulia

South African platinum group metal (PGM) mine production recovered strongly in the first half of this year, although much of the improvement reflects normalisation from the weather-disrupted first... 


Aluminium
Aluminium on thin ice as LME stocks hit 36-year low, Reuters says
14th August 2026 By: Reuters

London Metal Exchange (LME) stocks of aluminium have slumped to their lowest level since 1990, attesting to the supply-chain dislocation caused by the Iran war. Gulf production of primary... 


Oil rig
Global 2026 oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA says
13th August 2026 By: Reuters

Global oil supply will fall by 4.3-million barrels per day (bpd), or around 4%, this year, the International Energy Agency (IEA) said on Wednesday, as renewed hostilities in the Middle East disrupt... 


Burton coal complex
Surge in China's coal imports may start to taper off
11th August 2026 By: Reuters

China's coal imports surged to the highest this year in July but the strength is deceiving and built on short-term factors that are unlikely to persist. Total coal imports rose 23% in July from... 


Gold bars
Business breakfast discusses key priorities for Australian gold value chain
4th August 2026 By: Lumkile Nkomfe

Australian industry association Gold Industry Group (GIG) has highlighted ongoing provenance, responsible sourcing, industry consolidation and precious metal investments as emerging key priorities... 


Northern Star Resources' Kalgoorlie operations
Australia's gold mining industry has 'bright' future – Surbiton Associates
3rd August 2026 By: Creamer Media Reporter

The outlook for Australia's gold mining industry looks bright, with announced plans for new gold mines, expansions to existing operations and new treatment capacity set to drive further growth in... 


Vanadium ore
Central Asia vanadium miner Ferro-Alloy Resources appoints Secker CEO
31st July 2026 By: Marleny Arnoldi

London-listed Ferro-Alloy Resources has appointed Peter Secker CEO effective mid October, following which current CEO Nick Bridgen will transition to non-executive deputy chairperson. Ferro-Alloy... 


Aluminium bar
LME aluminium stocks fall to lowest this century
27th July 2026 By: Reuters

Aluminium stocks on the London Metal Exchange have slumped to their lowest this century as supply constraints in the war-hit Middle East leave consumers drawing down inventories to secure metal.... 


A generic image of palladium rocks
Sibanye-Stillwater appeals US decision over Russian palladium import dumping
21st July 2026 By: Lumkile Nkomfe

JSE-listed Sibanye-Stillwater has appealed a US International Trade Commission (ITC) ruling, arguing that unfairly subsidised and dumped Russian palladium imports are lowering global prices and... 


Oil refinery
Forget crude, war pushes refiners to the brink - Reuters
20th July 2026 By: Reuters

The global oil refining industry is flashing warning signs. The supply chain for the products that fuel the global economy is under growing stress as conflicts in the Middle East and Russia ripple... 


Uranium oxide in hand
US company seeks to produce uranium for nuclear energy from seawater
15th July 2026 By: Reuters

Texas-based SuperCritical Materials Corp said on Tuesday it has won an exclusive license from the US Department of Energy (DoE) to extract uranium from seawater, a process that was developed by US... 


US Vanadium plant in Arkansas
Chemicals wholesale US Vanadium scores largest contract in its history
14th July 2026 By: Marleny Arnoldi

Industrial chemicals wholesaler US Vanadium has been awarded the single-largest contract in the company's history by the US Defence Logistics Agency's strategic materials team, to supply... 


Russian LNG seaport
EU imports record LNG volumes from Russia's biggest plant ahead of ban
13th July 2026 By: Reuters

European Union countries imported record-high volumes of liquefied natural gas (LNG) from Russia's Yamal facility in the first half of this year, EU data showed on Monday, ahead of a ban on Russian... 


Oil in hand
Oil prices settle at pre-Iran war levels as crude output grows
7th July 2026 By: Reuters

Oil prices settled around pre-Iran war levels on Monday as Saudi Arabia slashed its official selling prices, OPEC+ approved another production target increase starting in August, and exports... 


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pqt: 0.3s - ct: 0.351s - 275pq - 2rq
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