CJ.com: Braidy Industries must raise $300M in 4 months or risk losing $100M from Russian company

Braidy Industries has about four months to raise $300 million in equity capital to help finance a $1.7 billion aluminum rolling mill in Eastern Kentucky — or risk losing a sizable investment it already has secured, new records show.

In a U.S. Securities and Exchange Commission filing made this week, Braidy Industries detailed its agreement with United Co. Rusal, the Russian aluminum company with ties to Russian oligarch Oleg Deripaska, an ally of Vladimir Putin.

The company recently announced plans to invest $200 million in Braidy’s planned aluminum rolling mill. For more on this story, please go to Courier-Journal.com.

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