RusAl is ready to invest $500 million in a new aluminum smelter
Russia's largest aluminum producer, Russian Aluminum, is ready to invest $500 million in the construction of an aluminum plant in the Krasnoyarsk Territory, but will not start the project until the completion of the Boguchanskaya HPP is resolved, Reuters reports, citing the owner of Basic Element, which controls Rusal, Oleg Deripaska. According to Deripaska, these investments will create a plant with a capacity of 150,000-300,000 tons of aluminum per year.