Braidy Industries partners with formerly sanctioned Russian firm on KY aluminum mill

russia sanction

TL;DR

Rusal and provide aluminum to Braidy Industries. Rusal is the only company worldwide which could supply low carbon aluminum at the scale required by Braidy Industries Sealey said. Braidy Industries has been touted by Kentucky officials as a potential lifeline for Eastern Kentuckys faltering economy. The new aluminum plant will be the biggest new aluminum plant constructed in the U. The agreement requires the companies to report any contact between Deripaska and company affiliates including members of the board. McConnell was among the advocates for lifting sanctions on Rusal arguing that the deal with Treasury would maintain pressure on Deripaska personally without disrupting global aluminum supplies. Some experts have claimed that it is possible Deripaska could use his ties with these companies to exert some influence over Rusal

More Russia Sanction: