As chief executive of Rusal, the world’s biggest aluminium producer, he has a ringside view of what is going on in the commodity markets and the turmoils of his own sector.
Last month mining giant Rio Tinto waved goodbye to its chief executive Tom Albanese as it wrote another $10bn (?6.4bn) to $11bn off its aluminium assets.
It was a reminder, not that it was needed, of the continuing pain afflicting the aluminium sector, blighted with overcapacity and rising energy costs - a particular headache for such an energy-intensive industry.
However, Mr Deripaska argues that the aluminium prices will climb higher than expected this year, contradicting those who take a more negative view.
“They are wrong,” he said during a interview with the Telegraph at Davos. “It’s the wrong sentiment. The market is very strong in terms of demand, with 7pc growth for the last five years.”
豫公网安备41010502003434号