A Russian court has ruled in favor of Rusal in the aluminum giant’s 104.75-billion-rouble ($1.32 billion) lawsuit against global mining and metals company Rio Tinto, according to court documents.
The ruling intensifies a legal battle over a joint alumina refinery in Queensland, Australia, that Rio took sole control of after Australia imposed sanctions on Russia over its war in Ukraine.
The lawsuit was heard in closed session, and its details have not been disclosed. Rusal declined to comment.
Rio Tinto said in a statement provided to Reuters that the Russian claim brought by Rusal sought