Russia’s Rusal has been sanctioned by the United States. It is now investing $200 million in a factory in Kentucky.<\/strong><\/p>\nLONDON (CNN Business)-Rusal giant Rusal was subject to US sanctions for most of last year.
\nIt is now injecting $200 million into a new project in Kentucky.
\nThe parent company En+ Group said on Sunday that Rusal, the largest aluminum producer outside of China, will help fund and supply the low-carbon aluminum rolling mill under construction in the eastern part of the state.
\nThe Russian company will hold a 40% stake in the project, which is led by the American startup Braidy Industries.
\nThe 2.5 million square foot factory in Kentucky will produce metals for the automotive and aerospace industries.<\/p>\n
The world’s second largest aluminum plant<\/strong>
\nAt present, the leader of the global aluminum industry is the Russian company RUSAL, which accounts for approximately 12.5% \u200b\u200bof global aluminum production, ensuring that the production facilities produce 3.9 million tons of aluminum each year. The Krasnoyarsk aluminum plant is owned by RUSAL.<\/p>\nIt is the second largest aluminum producer in the world. The plant has a production capacity of 1 million tons of aluminum per year (approximately 24% of Russian aluminum production and 2.4% of global aluminum production).
\nAluminum production is very energy intensive. Therefore, aluminum plants are mainly built in areas where powerful energy can be obtained for free.<\/p>\n
In our case, this source is the Krasnoyarsk Hydropower Station (6,000 MW). The electricity consumed by the Krasnoyarsk aluminum plant accounts for about 70% of the total electricity generation.<\/p>","protected":false},"excerpt":{"rendered":"
Ceramic Foam Filter Bratsk Aluminium has replaced filter screens and is widely used in casting systems in the field of aluminum melt filtration. RUSAL has been purchasing Ceramic Foam Filter from sales@adtechamm.com. Russia’s Rusal has been sanctioned by the United States. It is now investing…<\/p>","protected":false},"author":1,"featured_media":9538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[26524],"tags":[],"yoast_head":"\n
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<\/p>\n