oleg deripaska sanctions

Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak

Russian Government Searching for Ways to Help Embattled Aluminium Industry: Deputy PM Kozak

The Russian Federation government is in the process of finding new and effective ways of boosting its country’s native aluminium industry. So said one of the state’s top officials in the course of comments made to the press last weekend. Russian Deputy...

Events

Deripaska Agrees to Leave Leadership of Sanction-Hobbled Rusal

In an effort at mollifying the powers that be in Washington, D.C., Oleg Deripaska has agreed to a significantly reduced role in the embattled Russian aluminium giant U.C. Rusal. According to a release published late last week by Rusal’s parent En+ Group, Deripaska will sell off sufficient shares to winnow down his ownership percentage from […]

Trade Minister Manturov Sees Nationalization in Cards for Rusal

The sanctions the United States government levied upon Oleg Deripaska and U.C. Rusal earlier this month have dominated the aluminium headlines, and rightly so. Though Washington, D.C. has since relaxed the sanctions, the slight reprieve is not a long-term answer to the issue, especially in the eyes of U.S. Treasury Department Secretary Steven Mnuchin. Market […]