RUSAL
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27 March 2007 г. | 10:49
New York Court to Dismiss a Claim of BFI Group to RUSAL
The lawsuit has been dismissed for the New York Court has found no reason to try it. The reason for claiming has been the Company's acquisition of a majority stake of Aluminium Smelter Company of Nigeria (ALSCON) which was completed on February 27, 2007.
RUSAL continues developing its business in Nigeria and looks forward to the expected re-launch of ALSCON by the end of 2007.
RUSAL is the world's third largest primary aluminium and alloys producer. The company exports primary aluminium and value-added casthouse products to customers in 40 countries. Headquartered in Moscow, with operations in 9 regions of Russia and 13 countries globally, RUSAL now accounts for 75% of aluminium production in Russia and 10% internationally. RUSAL established in March 2000 through a merger of several largest aluminium smelters and alumina refineries in the CIS now has 47.000 employees.
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