09 June 2004 12:45
RUSAL PLANS REVENUE OF $4.5 BLN IN 2004
Revenue was $4.5 billion in 2003.
RusAl plans to increase aluminum production 1% to 2.62 million
MOSCOW. June 9 (Interfax) - Russian Aluminum expects to see revenue of $4.5 billion in 2004, the company's
financial director, Vladislav Solovyev said at a press conference.
tonnes and alumina output 2.2% to 3.05 million tonnes.
RusAl will invest $260 million in its companies, not including the construction of SAZ-2, compared with $160 in
2003.
A large share of the investment will go to developing foundry production and to increasing aluminum production
efficiency at KrAz and SAZ, Solovyev said. Considerable investment will go into upgrading the Bratsk Aluminum Works.
[Interfax] |
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