London (CNN Business) Russian aluminum giant Rusal spent most of last year under US sanctions. Now it's pumping $200 million into a new project in Kentucky. Rusal, the largest producer of aluminum outside China, will help fund and supply a low-carbon aluminum rolling mill under construction in the eastern part of the state, parent company En+ Group said Sunday. The Russian company will take a 40% stake in the project, which is led by US startup Braidy Industries. US sanctionsThe investment comes after the US Treasury Department in January lifted sanctions on Rusal, En+ Group and another firm with links to Russian oligarch Oleg Deripaska.

Source: CNN April 15, 2019 15:11 UTC