The Russian metal giant SUAL plans to build a new aluminum plant, BAZ-2, at a cost of over RUR19bn (around $625.4m) by 2010, SUAL's Senior Deputy President Vladimir Skornyakov reported today. According to him, production capacities of the new plant will amount to nearly 264,000 tons of primary aluminum a year. Moreover, SUAL intends to rebuild another aluminum plant BAZ-1, that will enhance its output to 82,000 tons of aluminum a year, a source in the company told RBC.
Experts believe that the rate of the Russian ruble may collapse again just like it happened during the crisis in 2014. In turn, Russian companies may deal with the shortage of currency to pay their debts
Austria does not intend to expel Russian diplomats because of the spy scandal