Ukraine’s anti-monopoly committee has allowed commodities trader Glencore to own a stake in a major Ukrainian alumina refinery controlled by Russia’s Rusal, the committee said in a statement on Wednesday. “The anti-monopoly committee has granted the relevant permits,” it said.
As a result of the permits, Glencore can acquire shares in companies Aluminium of Ukraine and Guardon Ukraine, which own the Mykolaiv alumina plant and are themselves controlled by Rusal.
