MOSCOW Nov 29 （Reuters） - Russia's United Company RUSAL （0486.HK: Quote） on Monday denied that it had agreed with India's Gujarat Foils （GUJF.BO: Quote） to issue an expression of interest （EOI） for an aluminium smelter and refiner in Gujarat.
"We have not held any discussions with this company," a RUSAL spokeswoman said.
Gujarat Foils had said its Gujarat Mineral Development Corp had issued an EOI to build a alumina refinery together with RUSAL with an annual capacity of 1.0 million tonnes and a aluminium smelter with a capacity of 0.5 million tonnes.
The total investment for the project would be about 140 billion rupees, the company said in a statement.
（Reporting by Alfred Kueppers）
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