SEOUL, South Korea, Nov. 13, 2013 /PRNewswire/ -- Basic Element, one of Russia's leading diversified business groups, En+ Group, Russia's leading mining, metals and energy group, have signed a Memorandum of Understanding (MoU) with POSCO, a ...
Russian Rusal, the world's largest aluminum producer by output, may delay the start of production at one of its biggest projects, seeking to ease a global glut of the metal. Rusal , led by Russian tycoon Oleg Deripaska, and other big ...
Tags: aluminum producer
It’s reported that US Rusal's value has dropped by 45.3% since the beginning of 2013 and the Russian light metal giant has announced that it intends to cut costs by re-organizing its Volkhov plant and freezing production at three ...
Tags: Production Capacity
Reuters reported that the departing chief executive of Norilsk Nickel, the Russian mining giant undergoing an ownership shakeup, will receive a USD 100 million severance deal. Two sources close to the company's shareholders said that ...
Tags: mining giant, mining, nickel, palladium, Norilsk Nickel, CEO
Marketwire reported that Russian aluminum producer United Co Rusal PLC along with billionaire Vladimir Potanin, agreed to sell their shares in Norilsk Nickel to tycoon Roman Abramovich for USD 1.49 billion. The latest announcement marks a ...
Tags: aluminum, Metallurgy
RIA Novosti reported that Russian billionaire Roman Abramovich is buying a stake in mining and metals giant Norilsk Nickel to end a long-standing shareholder dispute over the company's corporate management. This follows an agreement ...
Tags: nickel, stock market news, buy stainless steel, mining
Russian billionaire Vladimir Potanin and aluminum giant Rusal will settle their disputes over ownership rights in the world’s largest nickel producer, GMK Norilsk Nickel in a London arbitration proceeding, Bloomberg reported Friday, ...
Tags: dispute, nickel producer, hearings
UC RUSAL announced signing MOU with Shandong Xinfa Group, one of China's largest private aluminium companies, detailing the study of future possible cooperation areas including JV in the aluminium industry. The Memorandum was signed at ...
Tags: aluminium industry, aluminium smelting, alumina, Shandong Xinfa Group
OAO Mechel of Russia's largest coking coal producer won a tender for 55% of OAO Vanino Commercial Sea Port on the Pacific coast outbidding investor Mr Oleg Deripaska's En+ Group. VTB Capital the sale organizer said that Mechel offered RUB ...
RIA Novosti / Ruslan Krivobok reported that Russian tycoons Oleg Deripaska and Vladimir Potanin may reportedly put an end to a 4 year long conflict over control of Norilsk Nickel by the year end. Key shareholders of the world's largest ...
Tags: Norilsk Nickel, nickel, palladium, Oleg Deripaska
Oleg Deripaska who controls a quarter of OAO GMK Norilsk Nickel, is urging fellow billionaire Roman Abramovich to buy a stake in the Russian mining company as shareholders feud over management Three people with the knowledge said that ...
Tags: OAO GMK Norilsk Nickel, Oleg Deripaska, aluminum, Roman Abramovich
OAO Russian Machines, a Moscow-based manufacturer controlled by billionaire Oleg Deripaska, will seek as much as $3 billion by selling a minority stake in overseas markets, said Chairman Siegfried Wolf. The company plans to sell as much as ...
Tags: market view, Machines