Rusal and Norinco agree aluminium JV

News by BMI Editorial

UC Rusal, the world’s largest aluminium producer, has entered into a framework agreement to acquire a 33% stake in Shenzhen North Investments, a Chinese trading company and subsidiary of Norinco, which sells primary aluminium in China and South-East Asia, and that it has agreed on the creation of a joint venture with Norinco to produce aluminium alloys.

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Business Business/Commerce Miscellaneous Materials & Commodities Mergers/Acquisitions/Restructuring Aluminium Asia China RUSAL

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