Rusal wins appeal in Friguia case in guienan court

Guinean appellate court ruled in the company’s favor on its appeal regarding the bauxite and alumina complex Friguia, according to Rusal's press-service.

The appellate court held that the Guinean courts lack jurisdiction over the case regarding the Rusal’s asset in Guinea and therefore reversed the ruling issued by the Guinean lower court in September 2009.

Rusal views this decision as providing a favourable step toward expanding the long-term and mutually beneficial cooperation between Rusal and the Republic of Guinea. Rusal is committed to continuing its operations in Guinea as a long-term and good-faith investor and intends to strengthen its participation in the country’s economic and social development.

The RG may apply for cassation of the Court of Appeal’s decision within two months.