RUSAL eyes major Chinese aluminum deals
UC RUSAL (0486.HK), the world’s largest aluminum producer, is reported to have plans to secure between five and eight major Chinese buyers on long-term contracts to carve a larger share of the world’s biggest market for the metal.
The press release is quoted as saying:
UC RUSAL, fresh from Russia’s biggest-ever private sector debt restructuring, also plans to restart 100,000 tons of idle capacity by the end of the first quarter as global consumption enters the second phase of recovery.
Click here to access the entire press release
Click here to access UC RUSAL Corporate Site
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Tue, Mar 9, 2010
Post by Anne Bagchi, Aluminum Researcher