Posted in | Mining Business | Alumina

RUSAL Inks Indian Alumina / Aluminium Deal

The world's biggest aluminium and alumina producer, RUSAL has partnered with Indian company Gujarat Foils Ltd. to set up an alumina refinery and aluminium smelter in the Kutch district of Gujarat state, India. The total investment in this endeavour will add up to 140 billion rupees.

Gujarat Mineral Development Corporation Ltd (GMDC) has issued an expression of interest (EoI) to Gujarat Foils for setting up a 1 million tonne per annum alumina refinery and a 5,00,000 tonne aluminium smelter in Kutch district of the state.

The CEO and managing director of Gujarat Foils Vimal Kumar Somani, said that they were a knowledge driven company and did not have the wherewithal especially in terms of cash, to set up a huge plant and manufacture aluminium on their own.

Thus the company had tied up with the Moscow based RUSAL to submit an expression of interest to the Gujarat government to set up this aluminium plant. Vimal Kumar Somani also said that the finer details of the joint venture were still being worked out with the Russian company.

Joel Scanlon

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Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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