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Russian Firms Form World's Largest Aluminum Maker


http://gdb.rferl.org/6D462480-0434-40C5-80BE-B8E1E1CD769A_w203.jpg --> http://gdb.rferl.org/6D462480-0434-40C5-80BE-B8E1E1CD769A_mw800_mh600.jpg Oleg Deripaska (right) with Russian President Vladimir Putin in early August (ITAR-TASS) October 9, 2006 -- Russia's RusAl has announced a three-way merger to create the world's largest aluminum company. Rusal will merge with a Russian rival, Sual, and a Swiss-based company, Glencore.


RusAl is owned by the Russian billionaire Oleg Deripaska, Sual is also private-owned.


Plans for the merger were confirmed in September, after Sual co-chairman Viktor Vekselberg discussed them with
President Vladimir Putin.


(compiled from agency reports)

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