Rusal News

Defying Trump, U.S. Senate advances measure critical of easing Russia sanctions

The Treasury Department said in December it would lift sanctions imposed in April on the core businesses of Deripaska, including aluminium company Rusal, its parent, En+, and power firm EuroSibEnergo, watering down the toughest penalties imposed on Russian entities since Moscow’s 2014 annexation of Crimea from Ukraine.

Reuters , Africa Jan 15, 2019

Schumer to force vote on U.S. decision to lift sanctions on Russia firms

The U.S. Treasury announced on Dec. 20 that it would lift sanctions imposed in April on the core businesses of Deripaska, including aluminium giant Rusal its parent En+ and power firm EuroSibEnergo, watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea.

Reuters , Africa Jan 12, 2019

Russian ambassador sparks backlash with suggestion Guinea change constitution

Russia has been ramping up its diplomatic and military influence across Africa in recent years and has a particular interest in Guinea as its biggest aluminum producer Rusal owns a major bauxite mine in the country.

Reuters , Africa Jan 11, 2019

Russian ambassador sparks backlash with suggestion Guinea change constitution

Russia has been ramping up its diplomatic and military influence across Africa in recent years and has a particular interest in Guinea as its biggest aluminium producer Rusal owns a major bauxite mine in the country.

EWN , South Africa Jan 10, 2019

Treasury's Mnuchin defends U.S. decision to lift sanctions on Russian firms

REUTERS/Leah Millis/File Photo “Treasury will be vigilant in ensuring that En+ and Rusal meet these commitments.

Reuters , Africa Jan 10, 2019

A guide to emerging market risks in 2019

Russian Sanctions Even after the US Treasury said it’s ready to lift sanctions on one of Russia’s biggest companies, United Co. Rusal, investors will be wary of moves by Congress.

Business Tech , South Africa Dec 31, 2018

The biggest billionaire winners and losers of 2018

Among those who fell off the list were Andrej Babis, the prime minister of the Czech Republic whose fortune is derived from his chemical and agricultural company Agrofert, and Russian tycoon Oleg Deripaska, whose net worth plunged to a record low as stock of Rusal fell on concern that the aluminum giant could halt some production because of US sanctions.

Business Tech , South Africa Dec 30, 2018

U.S. imposes fresh Russia sanctions for election meddling

The U.S. Treasury Department twinned that development with an announcement that it would lift sanctions on major aluminium company Rusal and two other firms tied to Oleg Deripaska after a deal was struck to sever the Russian oligarch’s control over them.

Reuters , Africa Dec 19, 2018

Exclusive: Russia's Deripaska prepares to cede control of Rusal, En+ - sources

LONDON/MOSCOW (Reuters) - Russian tycoon Oleg Deripaska is preparing to cede control of Rusal (0486.HK) and its parent En+ (ENPLq.L), moving part of his En+ stake to a blind trust, as talks with the United States on lifting sanctions advance, three sources familiar with the talks said.

Reuters , Africa Dec 19, 2018

U.S. to remove sanctions from aluminium giant Rusal

(Reuters) - The U.S. Treasury will lift sanctions on the core empire of Russian businessman Oleg Deripaska, including aluminium giant Rusal (0486.HK) and its parent En+ (ENPLq.L), watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea.

Reuters , Africa Dec 19, 2018