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Rusal May Build Aluminium Plant in Iran
22.09.2011 18:05
Rusal May Build Aluminium Plant in Iran

Rusal (Russian Aluminium owned by Oleg Deripaska), considers the possibility of building an aluminium plant in Iran, which would make the 9% from its whole production, writes the newspaper Kommersant. The U.S. sanctions against Iran make some difficulties for the project realization.

At the Russian-Iranian committee on trade-economic cooperation, which was held on September 11, the sides agreed to support negotiations on cooperation between Rusal and the Iranian holding IMIDRO. At that, the sides intend to build a new aluminium plant with up to 375 thousand tons annual production volume.

Rusal is the largest aluminium producer in the world. About 75 thousand people are employed at its enterprises, located in 19 countries. Rusal keeps 10% from the world aluminium market. In 2010 the company produced 4.1 mln tons of aluminum.

Author: Irina Fomina

Tags: Russian companies Russian business    

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