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Gold/Mining/Energy : Alcoa, Inc. (NYSE:AA)

AA 36.85

+0.1%

9:30 AM EST

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From: zzpat	4/23/2018 1:42:38 PM
	of 67

Alcoa shares dive 12% after US reconsiders penalties against Russian competitor "The U.S. government is not targeting the hardworking people who depend on Rusal and its subsidiaries," Treasury Secretary Steven Mnuchin said in a statement. Moscow's Rusal was targeted during a wave of harsh U.S. sanctions earlier in April, freezing all of the company's assets within U.S. jurisdiction. Billionaire oligarch Oleg Deripaska, who previously ran Rusal, was also slapped with sanctions and has been charged in special counsel Robert Mueller's investigation.

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