Rusal, one of the world’s largest aluminum producers, has signed an agreement to sell 100% in the bauxite and alumina complex Alpart in Jamaica to Chinese state industrial group JISCO, the company said in a press release. The cost of the transaction amounts to $299 million. The deal is undertaken within the program of Rusal’s…
Since July 19, the throughput of the Kamysh-Zarya railroad route has dropped from 14 cargo trains per day to 9. “The reason isn’t something new – the lack of fuel”, said the Azovstal CEO Enver Tsikishvili. The works has to help railroad again – it provided 33 tons of fuel. “But that will be enough…
If the port duties are brought in correspondence with the world practice, Metinvest will be able to increase output at its GOKs. “We have addressed the Ministry of infrastructure and the Cabinet of Ministers on this issue. We hope that Ukrainian port duties will correspond to the world practice, thus enabling us to increase output,…