Rusal, the world's second-largest aluminium company by primary aluminium production, announced that on Thursday, June 15, it started the construction of a modern alumina facility in the Leningrad region. Rusal contemplates investing around 400 billion rubles in this project to construct four technological lines for alumina production and develop port infrastructure in Ust-Luga.
The project will be developed in two phases. Phase one will have a capacity of up to 2.4 million tonnes per year and is expected to be commissioned by 2028-end. The second phase will also have a similar capacity, with an estimated completion time of 2032. So, in total, the new alumina refinery will have a capacity of nearly 4.8 million tonnes.
Once the project starts operating, it is expected to create up to 7,500 new jobs in the region, providing a cutting-edge urban environment to the employees and their families.
"This project for us is much more than what is written on paper today: along with the massive modernization of the transport infrastructure of the region, we have also planned large-scale investments in the Republic of Guinea. The development of the infrastructure in Guinea is necessary to ensure an increase in the extraction and transportation of bauxite in the republic, which will also create prerequisites for improving trade and economic relations between our countries," said the General Director of RUSAL Evgenii Nikitin.
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