RUSAL approves building of Taishet anode plant 2nd stage

MOSCOW, Jun 21 (PRIME) -- Russian aluminum giant UC RUSAL has approved construction of a second stage of its Taishet anode plant, the company said in a statement published on Friday on the Hong Kong Stock Exchange.

The second stage’s launch is scheduled for 2023. RUSAL would need to spend about U.S. $90 million on the project in 2019. The project encompasses creation of capacities for production of green anodes in the volumes sufficient for the two stages of the plant, and an increase of production of baked anodes to about 400,000 tonnes per year, the company said.

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