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Rusal, Sual, Glencore submit petition to Russia antimonopoly body

Tuesday, Nov 14, 2006
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Rusal, Sual and Glencore have submitted a petition to the Russian Federal Antimonopoly Service seeking approval for the united company to acquire the assets of Rusal and Sual, the companies said in a joint statement Monday.

The groups said the united company Rusal would include the following Rusal assets: Bratsk, Krasnoyarsk, Novokuznetsk, Sayanogorsk Aluminium Smelters, Achinsk Alumina Plant, Nikolaev and Boksitogorsk Alumina Refineries, Friguia Alumina Plant (Guinea), Compagnie des Bauxites de Kindia (Guinea), Bauxite Company of Guyana, a stake in the Queensland Alumina Refinery (Australia), as well as Armenal, Sayanal and a cathode plant in China.

The statement said Sual would contribute: Irkutsk, Urals, Kandalaksha, Bogoslovsk, Nadvoitsy, Volgograd and Volkhov Aluminium Smelters, Zaporozhye Aluminium Combine, Pikalevo Alumina Refinery, SUBR, Urals Foil, as well as Silicon, Sual-Silicon-Ural and Sual-PM.

Glencore would contribute the following alumina refineries: Aughinish in Ireland, Windalco and Alpart in Jamaica and Eurallumina in Italy, along with Kubikenborg Aluminium Smelter in Sweden.

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