UK rules against Rusal in LME appeal

By Dow Jones newswires

The UK Court of Appeal on Wednesday found in favour of the London Metal Exchange, ending a months-long dispute with Russian aluminum producer United Co.

Rusal, the world's largest aluminum producer by volume, originally brought the case in December 2013 to prevent the LME from making changes to the way aluminum is delivered to buyers.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

The three judges at the Court of Appeal ordered Rusal to pay costs and denied the Russian firm permission to appeal the ruling.

Read more here: Business Spectator


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