Rusal’s Loss of Ukraine Smelter Annulled by Court

　　A Ukrainian court annulled a ruling that ordered the return to the government of a 68 percent stake in an aluminum smelter sold to United Co. Rusal, Interfax said, citing Deputy Head of the State Property Fund Ihor Khotey.

　　The Ukrainian Supreme Economic Court returned the case to the Kiev Economic Court, Interfax reported today. The state’s sale of the Zaporozhskiy aluminum smelter, or Zalk, was earlier rejected by the court and again in May in an appeal hearing.

　　Rusal, the largest aluminum producer, planned to challenge the decision, it said in an e-mailed statement at the time.