MOSCOW, January 28. /TASS/. Russia’s aluminum producer Rusal, which during the sanctions period came across the fact that a number of infrastructure operators had either stopped or suspended their functions, expects all settlement procedures to normalize following the company's removal from OFAC’s (the Office of Foreign Assets Control of the US Treasury Department in charge of law enforcement related to sanctions) black list, it said in a statement on Monday.

"In May 2018, the company disclosed that some of the infrastructure operators supporting the fungibility and trading in the company’s securities had either stopped or suspended their functions resulting, in certain circumstances, in an inability of investors to duly administer their assets. The company expects that clearing and settlement procedures will now return to their normalized condition," the statement said.

The US Treasury Department slapped sanctions against a number of Russian officials, businessmen and companies on April 6. Among them were several enterprises belonging to Oleg Deripaska, including Rusal, Basic Element, En+, Russian Machines, EuroSibEnergo, GAZ Group, B-Finance investment company and Agroholding Kuban. On Sunday, US Treasury Department lifted sanctions against En+, Rusal and EuroSibEnergo.

The London Metal Exchange (LME) imposed temporary restrictions on Rusal’s aluminum trade due to US restrictions starting April 17, 2018. Prior to that, the LME stopped listing of primary aluminum produced by the enterprises of Rusal.

Meanwhile, the London Metal Exchange (LME) said earlier that it considers it possible for trading members to enter into contracts with Rusal after removal of US sanctions.