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Rusal gains path to escape sanctions

Thursday, May 03, 2018

   Amending its Russia sanctions program, the Trump administration has granted more time for aluminum giant Rusal (OTC:RUALF) to escape from its blacklist as it faces delisting from the London Stock Exchange this week.

  Rusal shares rose sharply overnight on the Hong Kong Stock Exchange, although aluminum prices dipped in Asian trading hours amid a supply scare that has rocked markets over the past month.

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