Add to favorite
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Rusal Cancels Guinea Facility Plans
17.03.2013 21:59
Rusal Cancels Guinea Facility Plans
Photo Credit:

Rusal, Russia’s aluminium giant, has backpedalled on the plans to set up a plant in Guinea, says Globe and Mail.

      The decision was cancelled allegedly due to rising power costs and flat demand on the global markets.

      Initially, the construction of the facility worth $5 billion was part of the investment agreement to develop a local aluminium deposit, but was removed after the deal was revised in December 2012.  

Author: Mikhail Vesely

Tags: Rusal Russian metallurgy companies    

Next Previous

You might also find interesting:

Comment on our site

RSS   twitter      submit

Russian tourism  sanctions  Tragedy  Olonets  Maria Alyokhina  Lithuania  Russian army  Archeology  Russian science  |Nizhny Novgorod  Online Events for Free  CSE  Shartash  Russian political parties  Pobeda  Amur Region  Days of Europe  Perm-36  Mercedes-Benz Fashion Week Russia  Anna Chapman  Ukraine crisis  biology  Samara  Su-35  St. Petersburg  Dimitrie Cantemir  migrants in Russia  Russia tours  invest  Famous Russians  Murmansk Region  Ecotourism  Safari Park  Russian Shawls  Russian Cinema  Exhibitions in Moscow  Russian caricature  Moscow  Russian beaches  Russian sports  Russian automobile industry  Russian souvenirs  Russian scientists  animation  Russian economy  Russian circus  odd news  Unusual Monuments  Russian business  Russian advertising market 

Travel Blogs
Top Traveling Sites