Hebei Wenfeng New Materials (HWNM)

China · Metals & Mining

LeaveRussia detail: Continue Operations

Still operating in Russia

Chinese alumina refinery

Status last verified 03/08/2026Source checked 24/10/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 24/10/2023 · Reference ↗

UC Rusal has reached an agreement to purchase one-third of the Chinese metallurgical company Hebei Wenfeng New Materials to ensure the supply of alumina. The companies need the raw material due to sanctions imposed by Western countries. The deal is valued at $266.9 million, but it could potentially increase.

Status history since 2022

03/08/2026 — operating · Imported from KSE LeaveRussia

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