Business
UC RusAl to increase aluminum supplies to Asia by 2015
Peter Finnimore said RusAl's Asian supplies will account for 34% of the total by 2015, up from 19% in 2007. North America's share is planned to be slashed to 8% by 2015 from 10% in 2007.
Europe, whose share currently stands at 49%, will receive up to 35% of exports by 2015, and RusAl will slightly reduce its exports to Russia and the CIS from 23% to 22%.
RusAl plans to export 23% of its aluminum to Asia, 10% to North America, 45% to Europe and 22% to Russia and the CIS in 2008, Finnimore said.
The official said the company also intended to increase aluminum output by 60% against 2007 to 6.7 million metric tons by 2015.
RusAl is also considering developing business in Australia and Africa, Finnimore said, however the company has no specific projects planned for the regions as yet.
UC RusAl became the world's largest aluminum producer after a March 2007 merger between RusAl, rival Sual, and Swiss Glencore's alumina assets.

Add to blog
You may place this material on your blog by copying the link.
Publication code:
Preview:

Send by e-mail
Leave a comment
Most read
Top multimedia

Image Galleries: Lego Buckingham Palace and Members of the Royal Family

Video: Paratroopers Deploy Radar, Destroy Air Target

Infographics: The World’s Tallest Television Towers

Cartoons: Tedious stability








