Jul 05 2007

UC Rusal to expand operations in Jamaica

From the Express 2007-06-20:
UC RUSAL TO EXPAND ALUMINIUM OPERATIONS.

Kingston, Jamaica: United Company Rusal?the world?s biggest aluminium producer?said last week it hopes to expand production in the Caribbean by boosting capability of two bauxite plants in Jamaica using coal-generated power.

UC Rusal?s representative in Jamaica, Igor Dorofeev, said the company plans to build two coal-generated power plants to boost annual alumina production at its Alpart and Windalco plants and provide electricity to the Caribbean island?s energy grid.

Jamaica is the world?s fifth largest producer of bauxite, the principal ore used in aluminium.

The two bauxite plants became a part of UC Rusal when the company was created in March in a three-way merger by combining Russia?s No. 1 producer, Rusal, its rival Sual and the alumina assets of Swiss-based commodities trader Glencore, said company spokeswoman Larissa Belyaeva.

Dorofeev said in a statement the coal-generated power plants would ?lower our energy cost, increase efficiency, expand employment and allow us to contribute to strengthening the national energy grid.?

UC Rusal produces some 12 per cent of all aluminium manufactured worldwide.

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