KOLKATA (Dow Jones)--Canada's Alcan Inc.(AL.T) may buy an equity stake in and offer technology to JSW Aluminum Ltd.'s INR40 billion alumina refinery in the southern Vizianagaram district of India, the Business Standard reported, citing JSW Aluminum's director-business development, Sandeep Gokhale.
The report didn't disclose the equity stake that Alcan may buy or how much it is likely to invest in the refinery.
JSW, which is in talks with Alcan, expects the deal to close soon, the report said, without elaborating.
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