UC Rusal to dispute nationalization of plant in the Ukraine in international courts
Edited by Rhod Mackenzie / 2015-03-13 11:09:54
Metals and mining RUSAL Russia Ukraine Russia Metals and Mining Ukraine Metals and Mining Aluminium Glencore
UC Rusal intends to appeal the nationalization of the Zaporozhie aluminum plant in international courts, the company’s spokesman reported.
"The company is a bona fide purchaser. We will appeal this decision in international courts," - he said.
Earlier on Thursday, the General Prosecutor’s Office of the Ukraine reported that the Ukraine's Supreme Court decided to nationalize the controlling stake in Zaporozhie aluminum plant, owned by Russian UC Rusal.
