Prime-Tass reported that United Company RUSAL is not to expand aluminum production till mid 2011 when it plans to start first capacities at Tayshet and Boguchany Aluminum Plants expecting the supply demand balance in the international market will recover.

Mr Alexei Arnautov Rusal aluminum division director told Prime-TASS that “In mid 2011 we plan to put into operation by one block at Tayshet and Boguchany Plants each. They are already short to complete noticed press service. Within this we do not exclude a possibility to consider an additional production cut of 5% more to provide putting these 2 units into operation without pressing the market.”

He added that “As it has been informed before, RUSAL plans to cut primary aluminum production in 2009 by 50,000 tonnes or 11% less than the total output.”

RUSAL has decreased production of primary aluminum in January to June 2009 by 10% to 1.98 million tonnes, alumina by 34% to 3.9 million tonnes, bauxites mining to 35.5% to 5.8 million tonnes in comparison with the same period 2008.

In 2008 RUSAL plants produced 4.424 million tonnes of aluminum, 11.317 million tonnes alumina.

RUSAL enjoys 12% share in world aluminum production and 15% share in world alumina production.

(Sourced from Prime-Tass)