http://en.rian.ru/russia/20070906/77071859.html


*Russia's UC RusAl to build plant in Indonesia*

MOSCOW, September 6 (RIA Novosti) -* Russian* aluminum giant United Company
RusAl and Indonesian mining company Antam are expected to establish a
bauxite and alumina processing complex in Indonesia by 2011, a RusAl
spokesman said Thursday.

The parties signed Thursday a memorandum to set up a joint venture to build
a plant on West Kalimantan, on the Indonesian side of West Borneo, with an
annual production capacity of 3.6 million tons of bauxite and 1.2 million
tons of alumina.

RusAl will hold a 51% and Antam a 49% stake in the project.

"Construction on the project is due to begin in 2009, with aluminum
production scheduled for 2011," the spokesman said.

United Company RusAl, established in March 2007 through a merger of Russian
aluminum giants RusAl and SUAL and Swiss Glencore's alumina assets, accounts
for 12.5% and 16% of the global aluminum and alumina markets, respectively.


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