Tag Archives: Taishet Aluminum Works

Russia: Rushydro not to rush entering Taishet project

Rushydro has taken a pause in entering the Taishet Aluminum Project of Rusal. “There is a pause, not only on our behalf, but also on behalf of our colleagues, the banks. They have to settle the project financing based on their own vision of what’s going on”, Rushydro chairman Nikolay Shulginov said. “Taking all the…

Russia: RusHydro ready to support Taishet Aluminum Works

RusHydro will support the project on the construction of Taishet Aluminum Works. All it is waiting for is the decision of Rusal. In early April RusHydro approved participation in the project. The company share was to be not more than $319.5 million. RusHydro will get 50% in the charter capital of the joint company RusAl…