Nigeria signs purchase agreement with Russia for ALSCON
Nigeria signed Renewed Share Purchase Agreement with UC Rusal for the takeover of the Aluminium Smelter Company of Nigeria (ALSCON). The agreement was signed by the two parties in Abuja on Friday, January 19.
The Minister of Mines and Steel Development, Dr Kayode Fayemi, said that the Federal Government still retains 20 per cent equity in the Aluminium Smelter Company of Nigeria (ALSCON).
The Permanent Secretary, Ministry of Mines and Steel Development, Dr Muazu Abdullahi; Minister of State for Mines and Steel Development, Mr. Abubakar Bawa Bwari; the CEO/Member of the Board of Directors UC Rusal, Mr. Vladislav Soloviev; the Managing Director of ALSCON, Mr. Dmitry Zavyaiov; and Head of Legal, UC Rusal, Mr. Piter Maxsimov, were present at the ceremony.
This news is also available on our App 'AlCircle News' Android | iOS
A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems
Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines
Leading manufacturer of value-added equipment for the aluminum casthouse
Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals.
Your reliable partner in aluminum casthouse equipment and products
Fioscope provide air-cooled camera technology for high temperature applications
Business Leads
