The Republic of Ingushetia has signed an agreement to construct an aluminum alloy works “RIAL”.
It will be supplying raw materials to the republic works RIAK, which produces aluminum sections, and the heating radiator works ATM LLC.
The agreement has been signed by the governor of the republic Yunus-Bek Yevkurov and the director of ZAS RIAL LLC Mustafa Tumgoyev.
Investments will total 398.8 million rubles.
RIAL will be melting aluminum scrap procured in the republic and neighboring regions.
The construction is scheduled for April-May, with commissioning in early 2020.
The capacity of the enterprise will be 10 thousand tons per year.
58 jobs will be created. (Ukrainian metal)