Russia's Rusal lands first U.S. investment since sanctions lifted

MOSCOW - Rusal is making its first investment in the United States since Washington lifted sanctions against the Russian aluminum giant, teaming up with U.S. manufacturer Braidy Industries to build a mill in Kentucky.

The U.S. imposed sanctions on Rusal and its co-owner Oleg Deripaska in April 2018. Sanctions against Rusal and its parent En+, were lifted in January as Deripaska reduced his stake after months of talks and several extensions of the deadline for sanctions to take full effect.. The Atlas mill will be the first greenfield aluminum mill in the United States for 37 years, Braidy and En+ said.

It will have an annual capacity of 500,000 tonnes of hot-rolled band and 300,000 tonnes of finished cold-rolled products.

While Trump removes sanctions against Russia, he keeps antagonizing our Allies.

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