UC RUSAL has announced it has become a member of the China Nonferrous Metals Industry Association which is the most influential national non-profit organization in the PRC which represents the interests of nonferrous industry players. The membership of the CNIA represents another milestone in the Company’s strategy to secure its long term presence in the Chinese market.

Membership of the CNIA will allow RUSAL to cooperate with the organization in terms of the long term sustainable development of the aluminium industry, promotion of the use of aluminium, protection of the environment and other issues of mutual interest. Presently RUSAL produces 3.5 million tonnes of aluminium per year at its smelters in Siberia and this is forecast to grow to over 4.8 million tonnes with the commissioning of the Boguchansky and Taishet smelters. Over 90% of this capacity is low carbon footprint due to being hydro powered and is ideally located to support China’s growing aluminium consumption which is expected to reach 30 million tonnes by 2016 from 19 million tonnes in 2011.

Mr Oleg Mukhamedshin deputy CEO of UC RUSAL said that “We are very pleased to become a member of CNIA. RUSAL strives to continuously expand its activities in China by making full use of its market potential and industrial advantages through potential projects and possible partnerships in China. Growing urbanization and industrial development will continue to drive China’s dominant role in the global aluminium consumption and RUSAL as the world’s largest producer of the light metal is ready to meet this demand.”

Source - UC RUSAL

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