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Russian Firm Pledges Help For Vietnam's Aluminium Industry

Wednesday, Aug 08, 2007
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United Company Rusal, an aluminium producer from Russia, has pledged to help Vietnam develop its aluminium industry. Artem Volynets, Director for Corporate Strategy of UC Rusal, who is in Vietnam to seek investment opportunities, made the commitment at a meeting with Prime Minister Nguyen Tan Dung in Hanoi on August 6. The Rusal official said his company and the Vietnam National Coal and Mineral Industries Group are planning to sign deals to build railways, roads and deep water seaports in order to exploit aluminium ores in the Central Highlands. PM Dung applauded Rusal's plan to invest in Vietnam and said that the country is home to large reserves of aluminium that lay mainly in the Central Highlands. UC Rusal is one of the world's leading aluminium producers, which has 15 aluminium production plants dotted throughout in the world.

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