KRASNOYARSK, May 12 (RIA Novosti) - RusAl said Friday its board had approved a $1.6-billion project to build an aluminum plant in East Siberia.
Alexander Livshits, the aluminum giant's deputy general director for international and special projects, said the new plant would be built in the Irkutsk Region town of Taishet by 2010, and would have estimated annual capacity of 600,000 metric tons of aluminum.
Livshits also said the company would start modernizing a plant in Bratsk in the Irkutsk Region after overhauling another in Krasnoyarsk in central Siberia.
RusAl ranks among the world's top three producers of aluminum and alloys, and exports its products to 40 countries across the world. It accounts for 75% of Russia's aluminum output and 10% of global production.
