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Russia’s Rusal to acquire 30% stake in China alumina refinery, eyes steady supply

October 24, 2023 Comments Off

Russia’s largest aluminum player Rusal will acquire a 30% stake in a China-based alumina refinery, a development it said would help in accessing steady supplies of the raw material, according to a company statement released Oct. 24. The move comes at a time when Russia continues to face hurdles for its metals industry amid sanctions from a few countries after…