Home Tags RUSAL
The company aims to restore its supplies hit by US scnations. #Rusal received the right for mining at Dian-Dian bauxite deposit back in 2001 but was reserving it for future use until now
Oleg #Deripaska, following his inclusion onto the sanction list, has agreed to reduce his stake in En+, the key shareholder of UC Rusal, to below 50%. But this may be not enough to help lift the sanctions.
Loans, government orders, nationalisation and more. This is what Russia can do to save #Rusal now.
#Rusal shares plunge 41% after US put #Deripaska on OFAC list
Whiteleave, a part of Vladimir #Potanin’s Interros Group, has closed the deal to buy 2.1% in #Nornickel from Crispian, a company controlled by Roman Abramovich and Alexander Abramov. The deal will be reversed if #Rusal wins its ongoing litigation in the High Court of London.
It might take up to $15.39bn to buy out Vladimir #Potanin’s stake Norilsk Nickel The shoot out (or Russian Roulette) mechanism can be initiated any time while #Nornickel shareholder agreement remains in place
Oleg #Deripaska getting ready to buy #Nornickel stake from #Potanin
Large-scale management reshuffles are pending in #En+ Group and #RUSAL, controlled by Oleg #Deripaska