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Steel tycoon Oleg Deripaska leaves UC Rusal board of directors following US sanctions on Friday, Vedomosti reported.

The resignation was approved on May 18 by the boardroom of En + group, which owns 48.1% of UC Rusal shares.

As reported earlier, on April 6, the US imposed sanctions on Russian entrepreneur Oleg Deripaska, as well as on other businessman, officials and 12 Russian companies, including Basic Element, En + Group and Kuban Agro.

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