AL CIRCLE
RUSAL signs letter of intent to acquire stake in NORINCO sales subsidiary
Edited by : AL CIRCLE
1 min read
...RUSAL recently announced that it has signed the Letter of Intent with China North Industries Corporation (NORINCO). The document emphasises the intent of RUSAL to acquire a stake in a sales and marketing subsidiary of NORINCO, which operates on the People’s Republic of China primary aluminium market. It also specifies the intent of NORINCO to invest into the high-tech production capacities of RUSAL’s Siberian smelters...
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