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RUSAL to launch new plant in Siberia

Wednesday, Nov 15, 2006
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RBC, 14.11.2006, Moscow 10:36:36.Oleg Deripaska's holding continues its growth. The first stage of negotiations on construction of the aluminum plant in Siberia has been completed. Tayshet has been approved as the place for the new plant. It is planned that the plant's capacity will be 750,000 tonnes of premium aluminum per year, reports RBC Daily. An expert thinks that 2.5m tonnes of alumina is necessary for such a plant. The projected cost of the plant is $1.5bn.

Yury Paranichev, the acting Governor of Irkutsk region, has signed an order, establishing a working group to monitor RUSAL's investment projects. The group consists of representatives of RUSAL and regional and municipal authorities.

 

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