NewsBite

Russia oligarch ‘ring-fenced’, Rio told in Aussie sanctions spat

Rio Tinto’s Russia-based partner in a Queensland alumina refinery has alleged it ring-fenced operations so no benefits flowed to a Russian oligarch targeted in sanctions following Ukraine’s invasion.

Federal Court filings obtained by The Australian Financial Review illustrate how subsidiaries of Russia-based Rusal are arguing that a contractual trigger related to sanctions should have never been pulled.

Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

Read More

Latest In Mining

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/mining/russia-oligarch-ring-fenced-rio-told-in-aussie-sanctions-spat-20220603-p5ar0c