Rusal to boost aluminium output
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United Co, Rusal, the world’s largest aluminium producer, will boost output of the metal by 65 per cent within five years, sales director Mr. Peter Finnimore said. The Moscow-based company will increase alumina production 66 per cent during the period, he said at a press conference in Shanghai. Rusal produces 4 million tonnes of aluminium a year, and 11 million tonnes of alumina. Prices of aluminium, used to make aircraft and beverage cans have doubled $2,512 a tonne in the past five years on growing demand from China.
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Source : Business Line |
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