Billionaire Deripaska’s aluminum empire becomes unprofitable for the first time in 11 years
The Russian aluminum giant “Rusal” recorded a net annual loss for the first time since 2014. The company, founded by billionaire Oleg Deripaska, which unites 12 factories and is the largest aluminum producer in the world outside of China, lost $455 million in 2025, according to financial statements published on Wednesday. Although Rusal’s revenue increased…