UCRUSAL

#2 aluminum mining company, mines various other elements, (stellar-ucrusal.digital) Issuser Address: GAEWTELPEVNYBLVEHKBKETZ66AQZZJOFUNW3BLRKTHXBHNUJFRDD24YX ICO On 07/10/2023 CB:20,000%

Project Aurora & Ukaz asset

In March 2007, the merger between Rusal (its domestic competitor SUAL) and the bauxite and alumina assets of Swiss commodities trading group Glencore created UC RUSAL (RUSAL). The merger created the world's largest aluminum company at the time (it's now #2 in the world behind China), with assets in 17 countries across 5 continents, including 16 aluminum smelters, 12 alumina refineries, 8 bauxite mines, 3 powder metallurgy plants, 3 silicon smelters, 3 secondary aluminum plants, 3 aluminum foil mills, 2 cryolite plants, and 1 cathode plant

Background

By 2002, they also secured Guinea's bauxite and alumina supply for its Russian smelters. From 2004-2006, RUSAL acquired several strategically important assets around the world, such as Boxitogorsk alumina refinery and Komi alumina in Russia and Nikolaev alumina refinery in Ukraine. Due to a string of mergers and acquisitions, particularly that of Norilsk Nickel, RUSAL had a high level of debt, which was exacerbated by the global financial crisis in 2008. In order to retain its stake in Norilsk Nickel and avoid foreign lenders, RUSAL received a $4.5 billion loan from Russian state bank Vneshekonombank (VEB.RF/VBRF, the Mother company to @StellarVBRF) to repay debts to foreign creditors. As part of its debt consolidation efforts in 2009, RUSAL reduced the costs of its operations by 25% and signed a $17 billion refinancing deal with 72 Russian and international lenders

Also in January 2009, Oleg Deripaska, the founder and President Putin's "favorite oligarch", was appointed as CEO. By 2010, RUSAL was listed on the HK Stock Exchange and its IPO attracted investors such as Nathaniel Rothschild, Robert Kuok, Paulson & Co, John Paulson, and VEB.RF

Almost 2 years later, RUSAL made an agreement with Sberbank to extend the maturity of debts until 2016, thereby cancelling VEB.RF's loan used to repay debts to lenders

Sanctions

In April 2018, President Trump imposed sanctions against Oleg Deripaska and his business enterprises, including RUSAL, along with 23 other Russian nationals and entities in their control due to "Russia's 'malign activity'" The US Treasury issued a statement declaring that Deripaska was accused of illegal wiretapping, threatening the lives of business rivals, extortion and racketeering. Other allegations included that Deripaska ordered the murder of a businessman, and had links to a Russian organized crime group. On 23 April, however, the US government said it would consider lifting sanctions if RUSAL's major shareholder Oleg Deripaska "ceded control of the company". In January 2019, the sanctions were lifted after Deripaska agreed to relinquish control and RUSAL's parent company (EN+ Group International) appointed new directors to its board to satiate US Treasury's demands for independent directors

Although Deripaska sued the US Treasury and Office of Foreign Assets Control to attempt to reverse the sanctions do damage control, the case was dismissed and years later the appeal is still pending with no updates

Meanwhile, Tesla began procuring aluminum from RUSAL in 2020 and is using it in "production trials on new manufacturing lines" at the Tesla plant in Germany. In fact, 10 of the world’s largest automakers buy from RUSAL, per an Interos report, a global supply chain and risk management research firm

With a barrage of new sanctions against Russia due to the Ukrainian SMO as well as Russia being removed from SWIFT in 2022, in March of 2023 President Biden (unbeknownst to the general public) intentionally championed the crossover to cross-border remittances on Stellar by encouraging Congress to suspend " (https://www.cnbc.com/2022/03/14/tesla-has-bought-aluminum-from-russian-supplier-rusal-since-2020.html)normal (https://www.cnbc.com/2022/03/14/tesla-has-bought-aluminum-from-russian-supplier-rusal-since-2020.html) trade relations (https://www.cnbc.com/2022/03/14/tesla-has-bought-aluminum-from-russian-supplier-rusal-since-2020.html)" (https://www.cnbc.com/2022/03/14/tesla-has-bought-aluminum-from-russian-supplier-rusal-since-2020.html) with Russia

Psyops, China, and LME

Furthermore, in October of 2022, global white hat controlled media scare tactics and false threats of additional Russian sanctions spurred aluminum prices to plummet, creating a massive buying and stocking opportunity (https://www.cnbc.com/2022/10/21/sanctions-on-russia-aluminum-could-hurt-global-supply-chains-analysts.html) for various Metals Exchanges (LME, MOEX, SCOE, etc). End-users like Tesla, SpaceX, Vast, ICON, and other EV makers also benefited

Using reverse psychology, this was an important strategic move for Metals Exchanges around the world to be able to position themselves for future trades discounted to fundamentals, a requisite preparation in anticipation of the future Bretton Woods 3 announcement and revaluation of metals and other global commodities. However, to the public and the unaware professionals inside the metals industry, it seemed like chaos, panic, and FOMO

Under the public narrative guise of self-sanctioning, countries and industrial consumers are undergoing major shifts in supply chain and inventory, reverberating in a huge wakeup call for the metals markets, especially amidst metals "mating season" (the time when companies seek to lock in supply deals with metals producers). As of September 2023, the volume of Russian metal heading to China and London Metal Exchange (LME) warehouses has grown significantly. Chinese imports of Russian aluminum hit a record ~131,000 tons in August, climbing steadily since early 2022. (https://nz.finance.yahoo.com/news/chinese-russian-aluminum-groups-sign-033116225.html) China has nearly doubled Russian unwrought aluminum imports from 27% during all of 2022 to 46% in just Jan-July 2023

When RUSAL executives announced that they have "no intention" to deliver metal to the LME, (https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/metals-and-the-invasion-rusal-outruns-sanctions-plans-expansion-74222401) despite a prior history of LME imposed temporary restrictions on RUSAL's aluminum trade due to the 2018 sanctions and even stopped listing RUSAL's aluminum for a while, (https://tass.com/economy/1042061) LME-approved warehouses that are available to the market have nearly doubled their 2023 supplies from 41% in January to 81% in August from RUSAL supplies alone (https://www.msn.com/en-gb/money/other/russian-aluminium-splits-dealmakers-at-barcelona-metals-meet/ar-AA1gBMOl) ?

China also assisted Russia in skirting sanctions in March 2022 by creating new trade and distribution routes via sea routes in Siberia (https://www.infobae.com/en/2022/03/25/operators-in-china-reach-unusual-agreement-with-russian-rusal-2/)

Wonder Weapon: Not Sanctions, Just Stellar

According to Oleg Deripaska in a September 2023 interview: (https://www.bignewsnetwork.com/news/273980006/sanctions-an-outdated-19th-century-tool-russian-tycoon)

?️The sanctions that the West has imposed on Moscow are ineffective and outdated. I always doubted this Wunderwaffe [wonder-weapon], as Germans used to say, of sanctions - weaponizing the financial system as a kind of tool to negotiate... We made so much effort to make the world global, in terms of trade, investment, information flows [but] it's really over when you use sanctions. It's kind of an instrument of the 19th century. We can't see that it would be efficient in the 21st century?️

Deripaska noted that the ?️Russian economy has not only survived sanctions, but has been growing stronger through new trade ties with the Global South [who are unlikely to join the sanctions, as it would jeopardize their own economies due to Russia's importance as a trade partner and major supplier of energy, metals, and food exports] and increased investment in domestic production?️

?️I was more or less sure that up to 30% of the economy would collapse, but it was way less... The private economy found its way to operate and to do so successfully,?️ said Deripaska

This proves that not only are sanctions ineffective in today's quantum financial economy with cross-border payment capabilities via an integrated Stellar blockchain that bypasses regulatory restrictions, but also that these generative ML algorithms are learning how to adapt and overcome even various "catastrophic event" types of stress tests and market crashes in order to maintain "market stability and liquidity" during unpredictable scenarios

Expansion

RUSAL's 2023 sales revenues increased across Asia (+10%) and Eurasian countries (CIS states +4%) compared to last year (https://tass.com/economy/1659391) for a total of 42%, while they decreased elsewhere around the world

June 2023: RUSAL plans to build a new alumina plant for $4.8 billion on the Baltic Sea (https://www.reuters.com/markets/commodities/russias-rusal-build-new-alumina-refinery-near-st-petersburg-kommersant-2023-06-15/)

June 2023: RUSAL plans to continue large-scale investing into Guinea's bauxite mining infrastructure (https://rusal.ru/en/press-center/press-releases/rusal-announces-the-launch-of-construction-of-a-modern-alumina-production-facility/)

July 2023: Nigeria and RUSAL discussed the possibility of restarting Nigerian aluminum production. (https://tass.com/economy/1653555)

September 2023: Chinese and Russian aluminum groups sign deal to collaborate more closely on alumina, aluminum fabrication, and aluminum products.  RUSAL has also signed a deal to import Indian alumina (https://www.zeebiz.com/economy-infra/world-economy/news-analysis-to-cut-reliance-on-china-russia-turns-to-india-for-aluminium-feedstock-254042)

Ongoing: In April 2019, RUSAL completed construction of the deepest bauxite mine in Russia and is among top 5 deepest mines in the world. RUSAL expects to reach design capacity around 2027 (https://tass.com/economy/1051767)

Because the benchmark price has fallen 8% so far this year, fueled by media-spurned worries about sluggish growth and interest rate hikes, all aluminum producing countries are rushing to increase production, keep more inventory for themselves, while diversifying suppliers in anticipation of future needs

Cryptocurrency "Mining"

In December 2017, RUSAL began constructing their data processing center (DPC) located in Karelia territory called the Nadvoitsky plant "to engage in the production of cryptocurrencies". (https://tadviser.com/index.php/Article:Information_technologies_in_RUSAL) This plant provides hi-tech IT services for the analysis of Big Data, machine learning, and cryptocurrency mining

This plant will facilitate Russia in backing its many Stellar assets with physical metals

 In April 2018, RUSAL began mining bauxites at the Dian-Dian mine in Guinea, the world's largest bauxite deposit. (https://tass.com/economy/997994) Ginuea's CBDC is backed by bauxite (https://t.me/QuantumStellarInitiative/22823)

Stellar Humanitarian Wealth Transfer:

? Passive Income Assets (https://t.me/QuantumStellarInitiative/22968)
? Project Aurora & Ukaz (https://t.me/QuantumStellarInitiative/21777)