Rio Tinto, the world's second-largest miner by market value, joined the list of multinational companies shunning the Russian market after the conflict between Russia and Ukraine escalated. The company said Thursday it was "terminating all commercial relationships with any Russian companies."
Rio runs the joint venture, Queensland Alumina, with Russian aluminium producer Rusal, which has a 20 per cent stake. Rio declined to comment further on the impact of the joint venture, but reiterated a statement made last week that the company had put in place "appropriate structures" to ensure Queensland Alumina's operations would not be disrupted.
It is unclear whether Rio's latest move will affect its Operations in Mongolia, where it buys fuel and other products from Russia for use in operations such as its Oyu Tolgoi copper mine.

Rio obvladuje tudi veliko rafinerijo glinice v Queenslandu v Avstraliji, v kateri ima Rusal 20-odstotni delež. Družba preučuje možnosti za takšno partnerstvo, piše Journal in navaja ljudi, ki so s tem zadevo seznanjeni.
Trenutno je več kot 300 evropskih in ameriških multinacionalnih podjetij napovedalo različne stopnje prekinitve poslovnih in naložbenih dejavnosti v Rusiji, ki zajemajo energetiko, letalstvo, avtomobilsko dejavnost, maloprodajo, proizvodnjo, finance, tehnologijo in gostinstvo, glasbo, svetovanje in številne druge vidike.
Med energetskimi podjetji se Exxon Mobil, največja ameriška naftna družba, s katero se trguje na borzi, umika iz svojega projekta Sahalin-1LNG in ne bo vlagal novih naložb v Rusijo. BP in Shell se umikata iz skupnih podjetij v Rusiji in umikata osebje iz države.
In response, Russia is drafting legislation to consider "nationalizing" the exited property





