Oleg Deripaska

Qatar Investment Authority Mulls Buying In to En+’s Upcoming IPO

Qatar Investment Authority Mulls Buying In to En+’s Upcoming IPO

Russian Federation energy concern En+ Group may have found another major buyer for its planned IPO in London and Moscow next month, as the Qatari government’s sovereign wealth fund is said to be in discussions with the firm. London’s Financial Times reported...

Events

Oleg Deripaska’s Rusal hits back at Ukraine’s SBU

Russian aluminium giant U.C. Rusal hit back at the Security Service of Ukraine after the SBU accused some of the company’s representatives in the country of deliberately destroying the Zaporozhye Aluminium Smelter (ZALK) and causing damages of over $39 million as a result of their actions. “The company views those illegal actions as an attempt […]

Rusal’s Deripaska Trades Blows with the AP Over Alleged Contract with Former Trump Associate Manafort

The global aluminium industry doesn’t make headlines very often, but that’s exactly what happened this past week after the Associated Press published an article claiming to expose ties between Rusal president Oleg Deripaska and Donald Trump’s former campaign chairman Paul Manafort. AP alleged that back in 2006, Manafort contacted Deripaska offering to provide communications services […]

Will 2017 Be the Year Aluminium Prices Reclaim Their Shine?

Oleg Deripaska, the president of Russian aluminium titan UC Rusal, addressed the Annual Meeting of the World Economic Forum in Davos on Wednesday. “Renewables are an excuse for some countries to use more coal”, he said, before arguing that “We need to implement a carbon price, let’s say tomorrow and maybe even escalate it a […]

European Parliament Backs En+ Group’s Ownership in Montenegro Aluminium Smelter

The European Parliament’s Foreign Affairs Committee adopted a resolution supporting the findings of the European Commission’s 2015 Progress Report on Montenegro, one of which is to advocate an independent audit over the disputed ownership of the KAP aluminium smelter and nearby bauxite mine in Montenegro. The Central European Aluminum Company (CEAC), an entity formed by […]

Rusal Releases Operating Results for FY 2015

Moscow’s United Company RUSAL released its operating results for the fourth quarter and the fiscal year of 2015 today. The firm’s aluminium and alumina businesses held the line, while bauxite production showed a steep decline. According to released results, Rusal produced 878,000 metric tons of aluminium in last year’s fourth quarter, which is a four percent […]