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Russia's UC RUSAL says no plans to sell stake in QAL

Tuesday, Oct 13, 2009
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MOSCOW, Oct 13 (Reuters) - Russian aluminium giant United Company RUSAL has no plans to sell its 20 percent stake in Queensland Alumina Ltd (QAL), the company said on Tuesday. Two sources familiar with the situation said earlier on Tuesday that Chinese metals conglomerate Chinalco wanted to buy UC RUSAL's stake in the Australian alumina refinery. "UC RUSAL has no intention of selling its stake in the alumina refinery QAL," the company's press office said in an emailed statement. (Reporting by Aleksandras Budrys, editing by Robin Paxton) Keywords: CHINALCO RUSAL/QAL (robin.paxton@reuters.com; +7 495 775 1242; Reuters Messaging: robin.paxton.reuters.com@reuters.net)

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