Aluminium , UC Rusal | 08 October 2011 г. | 16:44

VEB is to offer credit for building of Taishet Aluminium Plant

VEB is to offer credit for building of Taishet Aluminium Plant
Supervisory Board of Vnesheconombank (VEB) approved a credit to UC Rusal for building of Taishet Aluminium Plant. UC Rusal will receive 40 billion roubles (aprroximately $1.360 bullion) during 15 years.

In 2006, Rusal began construction of a 750,000 tonnes-per-annum greenfield aluminium smelter in Taishet, a small town near Irkutsk.

The Taishet Aluminium Smelter will encompass four reduction potrooms equipped with state-of-the-art RA-400 pots designed by  Rusal's Engineering & Technology Centre. The smelter will also include a cast house, an anode plant, a power house, gas scrubbers, in addition to a full range of infrastructure facilities.

The construction site for this project is located in the western part of the Irkutsk region between Taishet and Talaya, small provincial towns quite far from a residential area. It is now envisaged that the United Company will build a railway between the smelter and Taishet. 

«If Taishet aluminum plant will started, together with abuilding Boguchanskoye Energy and Metals Complex it will allow to increase primary aluminium production more than 1 million tons,» Leonid Khazanov, the observer of Metal Supply and Sale Magazine, said.

Source: Metal Supply and Sale Magazine
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