Chinese alumina refinery

The Company Statement
October 24, 2023

UC Rusal has reached an agreement to purchase one-third of the Chinese metallurgical company Hebei Wenfeng New Materials to ensure the supply of alumina. The companies need the raw material due to sanctions imposed by Western countries. The deal is valued at $266.9 million, but it could potentially increase.

October 24, 2023UC Rusal придбає 30% акцій китайського металургійного заводу у Hebei Wenfeng
Hebei Wenfeng New Materials (HWNM)
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