Rusal Signs ‘Memorandum of Intent’ With Cameroon Mines Ministry

United Co. Rusal Plc signed a memorandum of intent with Cameroon’s mines ministry to investigate mining opportunities, including for bauxite, in the West African country, the company said.

Rusal will conduct a “wide ranging feasibility study of various metals and mining projects” in Cameroon, the Moscow- based company said in a statement on its website. It also planned to buy petroleum products in Cameroon, Rusal said.