Rusal, the world's largest aluminum producer declared that prices for the metal will surge next year as China's economy grows and as Western governments use monetary policy and spending to stimulate demand.

Mr Artem Volynets Moscow based Rusal's director of corporate strategy said:

I think we will emerge a very different company in two or three months. Our debt repayment profile will be vastly different and our cost of production will be much lower.

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