By Ben Aris in Berlin USM Group, whose assets include one of Russia’s largest metals producers, Metalloinvest, said it was considering legal action against any party seeking to buy iron ore it claims was expropriated by a Ukrainian court. The High Anti-Corruption Court of Ukraine (HACC) ruled on September 25 to confiscate the property of Metalloinvest Group currently located in Ukraine, including over 165,000 tonnes of Russian-produced iron ore belonging to the Swiss-registered trading arm, Metalloinvest Trading AG. In a statement on September 27, USM called the HACC decision “a flagrant examp…
