Oleg Deripaska

Ripple From Trump Aluminium Tariffs and Rusal Sanctions Continue To Rock Boats Around The Globe

Ripple From Trump Aluminium Tariffs and Rusal Sanctions Continue To Rock Boats Around The Globe

Although a great deal of ink has been slung over the trials and travails of Russia’s U.C. Rusal in recent months, what has been largely overlooked is the pain and suffering experienced by a myriad of other firms around the world due...

Events

U.S. Sanctions Not Meant to Slay Rusal: Treasury Secretary Mnuchin

Though the United States government says it isn’t trying to snuff the life from Russian aluminium giant U.C. Rusal, Treasury Secretary Steven Mnuchin says that Oleg Deripaska must relinquish his majority position in the firm before he’ll entertain the possibility of a détente. “The first aspect would be that he sells down below 50 percent,” […]

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 […]

U.S. Sanctions on Rusal Forcing Kazakhstan Alumina Refiners to Seek New Buyers

With the sanctions placed upon U.C. Rusal by the United States government looming large over the global alumina industry, Kazakhstan’s alumina refiners have begun searching for new outlets for the country’s domestic alumina production. According to comments made on Thursday by Kazakh government officials, Eurasian Resources Group (ERG), which is a public-private partnership that refines […]

Deripaska, Rusal, and En+ Group Face Sanctions From U.S. Treasury Over Alleged Election Interference

Russian Federation aluminium giant U.C. Rusal is searching for answers in the wake of sanctions levied against it and other Russian interests on Friday by the United States Treasury Department. The world’s second-most-prolific aluminium maker found itself caught up in the latest sanctions against individuals identified by Washington, D.C. as being connected to or otherwise […]