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By John Helmer, Moscow United Company Rusal, the state aluminium monopoly controlled by Oleg Deripaska (right), has failed in a bid to ward off billion-dollar sanctions from Alpha Conde (centre), the President of Guinea, with an offer to start a cheap, new bauxite mine three years from now. Sources in Conakry, the capital of the [...]

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By John Helmer, Moscow United Company Rusal has admitted that one large international bank is refusing to accept the restructuring terms the company has offered for loans totaling $5.15 billion which fall due for repayment by July 7. Until now, there has been speculation that state-owned Chinese banks had been pressing for repayment in cash, [...]

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By John Helmer, Moscow Victor Boyarkin, the former lieutenant-colonel of Russian military intelligence and special operations chief for United Company Rusal, returned to the company on Monday after an absence of fifteen months. In Conakry, the capital of Guinea, his arrival is anticipated shortly for a fresh attempt by Oleg Deripaska, Rusal’s chief executive, to [...]

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By John Helmer, Moscow Multibillion dollar contracts between GlencoreXstrata and United Company Rusal, signed for trading of aluminium and alumina late in 2011, appear to have unravelled in a London arbitration court. However, because the arbitration has been conducted behind closed doors, Glencore is refusing to confirm or deny that the company is facing liability [...]

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By John Helmer, Moscow The Oradea alumina refinery is a property of Oleg Deripaska’s in Romania. Deripaska (centre image) is the chief executive and controlling shareholder of United Company Rusal, the Russian aluminium monopoly. Deripaska bought Oradea in 2000 over the unanimous objections of the senior management of Rusal in Moscow at the time. The [...]

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By John Helmer, Moscow United Company Rusal, the state aluminium monopoly run by Oleg Deripaska, is selling the Aluminium Smelter Company of Nigeria (Alscon). Only the Rusal announcement to the Hong Kong Stock Exchange (HKEx) doesn’t put a name to the asset. Rusal is also not accepting that the Nigerian courts have already decided the [...]

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By John Helmer, Moscow A decade ago, before the Annie-get-your-gun ladies got control of US policy in Ukraine, their Hopalong Cassidy predecessors were in charge. Back then, the menfolk tried an identical combination of bribery and democracy-funding, the point of which was to make sure Serbians lost their right to go to their own beach [...]

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By John Helmer, Moscow Winston Churchill likened his inability to know what happens in Moscow to a case of bulldogs fighting under a rug. Ivan Glasenberg (right), chief executive of GlencoreXstrata, and Oleg Deripaska (left), chief executive of United Company Rusal — secretive though they are — are too fond of each other to fight. [...]

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By John Helmer, Moscow A new type of warfare is being tested in Ukraine. The strategem was first publicly disclosed on February 23, when Zbigniew Brzezinski — the wannabe Secretary of State if the Democratic Party wins the 2016 presidential election — proposed a billion-dollar levy on each of ten Ukrainian oligarchs. Brzezinski didn’t identify [...]

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By John Helmer, Moscow United Company Rusal, the Russian aluminium monopoly headed by Oleg Deripaska (image right), has won a fresh round in its battle to keep control of its Nigerian aluminium smelter, and ward off claims from a Nigerian-American group whom it defeated in the privatization of the asset almost a decade ago. For [...]