"UC Rusal" is to invest up to $ 10 million into the modernization of "SAZ" foundry.
UC RUSAL (trading code at the Hong Kong Stock Exchange 486, at Euronext RUSAL/RUAL, at the Moscow stock exchange RUAL / RUALR), the world's largest aluminium producer, conducted the first test of new equipment in the framework of the project for installation of the resmelting furnace at foundry of the Sayanogorsk Aluminum Smelter (SAZ). The investment into the project will amount to $10 million.
The program is designed for 2015-2016 and is aimed at improving the efficiency due to the return to production of recycled waste products with added value. It amounted to more than 27 thousand tons per year, including a slag spin. In the first phase the new equipment was purchased - automated installation pressing hot slag with gas filtration system.