Russian aluminum giant Rusal was sanctioned by the US. Now it's investing $200 million in a Kentucky mill.
London Russian aluminum giant Rusal spent most of last year under US sanctions. Now it's pumping $200 million into a new project in Kentucky.
Rusal, the largest producer of aluminum outside China, will help fund a low-carbon aluminum rolling mill under construction in the eastern part of the state, parent company En+ Group said Sunday. The Russian company will take a 40% stake in the project, which is led by US startup Braidy Industries. The 2.5 million-square-foot plant in Kentucky will churn out metal for the auto and aerospace sectors, according to Braidy.
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