UC Rusal invest on Nigeria aluminum smelter

News said that Nigeria aluminum smelter—Alscon will receive $150m assist from Rusal to complete its modernize. Rusal own 77.5% of ALscon’s shares, Ferrostaal AG and federal government will also give financial support in the following 3 years. Executive of Rusal Alexander Bulygin said they will offer latest technology to Alscon. He also showed that Alscon privatization is a main strategy to promote Nigeria aluminum industry.