Metalloinvest
Metalloinvest is a Russian mining and metals holding company focused on iron ore production and steelmaking. Its core assets include the Lebedinsky and Mikhailovsky open-pit mines in Russia's Kursk and Belgorod regions, together with steel and rolling plants. The company is part of Alisher Usmanov's business empire and is controlled by his affiliated structures. Following Russia's full-scale invasion of Ukraine, Metalloinvest was placed under Western sanctions.
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France backs Slovakia's push to remove Russian oligarch Usmanov from EU sanctions list
France is pushing to remove Russian businessman Alisher Usmanov from the EU personal sanctions list, aligning with a longstanding Slovak demand. The move has caused dissatisfaction among other EU members and comes as ambassadors failed to agree on extending the sanctions regime before a September 15 deadline.