RUSAL says aluminium ETF could be launched in weeks

HONG KONG Feb 14 （Reuters） - Russia's United Company RUSAL Ltd （0486.HK: Quote） （RUAL.PA: Quote）, the world's largest aluminium producer, said on Monday that an aluminium exchange traded fund （ETF）, could be launched soon.

"Market sources say it will be a matter of weeks rather than months," a RUSAL executive said during a telephone conference.

RUSAL said in September that it would consider supplying the metal to a physically-backed aluminium exchange traded fund （ETF）, but would not sponsor the fund itself.