United Russian Aluminum seeks to purchase assets

United Russian Aluminum seeks to purchase assets

RUSAL, SUAL and Glencore have filed to the Federal Anti-Monopoly Service for a permit to purchase RUSAL and SUAL assets by the Russian Aluminum consolidated company, RUSAL’s press service said. The consolidated company will comprise the following assets of RUSAL: four aluminum plants and three alumina plants in Russia, a bauxite and alumina plant in Guinea, two bauxite companies: in Guinea and Guyana, a share in QAL (Australia), ArmenAl, SayanAl and a cathode plant in China.

SUAL will contribute seven Russian aluminum plant to the consolidated company, a Ukraine-based aluminum plant, an alumina plant, North Ural Bauxite Mine (SUBR), Ural Foil, a silicon plant, SUAL-Silicon-Ural and SUAL-PM.

Glencore International AG will pass on its alumina plants to the new company, Aughinish in Ireland, Windalco and Alpart in Jamaica, Eurallumina in Italy, and an aluminum plant, Kubikenborg, in Sweden.

Share this post