--Glencore has been forced to walk away from some aluminum contracts as a result of the U.S. sanctions against Russian company United Co. Rusal, reports Bloomberg, citing unknown sources.

--The declaration of force majeure applies to contracts for about 50,000 metric tons of metal of Russian origin, allowing Glencore to walk away from the deals, says Bloomberg.

Full story: https://bloom.bg/2EFc5TB

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(END) Dow Jones Newswires

April 12, 2018 02:19 ET (06:19 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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