Related News

UES and RUSAL have signed an agreement on the conditions of their partnership on the Boguchanskaya energy and metals complex project.


The project is estimated to cost around US$4bn and will involve a 3,000MW hydro-power plant, aluminium smelter producing 600,000 tonnes of aluminium per year and associated infrastructure. The project should take about seven years to complete.


A final partnership agreement is expected to be signed in the first quarter of 2006.