This period is also called Rusal.
According to a Rusal prospectus, its other major customers include Toyota
and Rio Tinto Alcan.
What worries national-security experts is not that Rusal, Braidy or Deripaska broke any laws in the deal.
What worries national-security experts is not that Rusal, Braidy, or Deripaska broke any laws in their deal.
The Russian Aluminum company Rusal developed a CO2-free smelting process,
meaning they could, in theory, make an aluminum-air battery with a CO2-free process.
Rusal, which has seen its dollar-denominated bonds and Moscow-listed shares fall,
said on Friday it was facing possible technical defaults on some of its debt.
Foreign partners of Russian firms like Rusal, which was hit by new U.S. sanctions on Friday,
have a narrow window to ensure they are compliant with the new regulations that generally prohibit U.S. entities from having dealings with sanctioned Russian individuals and firms.
Glencore is committed to complying with all applicable sanctions in its business and is taking all necessary measures in order to
mitigate any risks to Glencore's business as a result of the designation of Rusal and EN+ as SDNs(specially designated nationals),
including in respect of secondary sanctions," Glencore said in a statement.