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BoAZ will first aluminum in the late fall

14 May 2013

«Boguchany Aluminium Smelter» (BoAZ) will produce the first batch of «winged metal» in November this year. About this in an interview with reporters said the public head of the company «RUSAL» (one of the founding companies of the project) — Oleg Deripaska.

According to previously published in the media, a few years ago, two major Russian companies — «RusHydro» and «Rusal» — agreed on joint construction of a large industrial complex in the Krasnoyarsk region of Russia, called «Boguchanskoye Energy Association» (BEMA). It consists of enterprise for the production of aluminum and hydroelectric power plant that supplies the energy plant (3000 MW). The project documentation for the project stated that the completion of all stages of the project, the complex will produce 600 thousand. Tonnes of aluminum per year. At the same time, according to representatives of the company, the cost of metal production at the plant (through the use of its own power source) will be 15% lower than traditional levels of the market, which will give the product of a joint venture weighty advantage over competing companies offer.

The press called and the amount of investments that were needed for the organizers of the project. This 33 billion Russian rubles, of which two thirds as a loan to the joint venture provided the Russian state corporation «Bank for Development and Foreign Economic Affairs».

In an earlier version of the project plan, the launch of production capacity aluminum plant was scheduled yet for 2012. Then, the object entering the date in the operation was moved to August this year, however, because of the difficulties plaguing the market of non-ferrous metals the past few months, the likelihood that the company in the summer of the first metal to melt, experts considered low. Now, the company calls a new date: according to representatives Boguchansky plant «Rusal» part of the first line will be started before the onset of winter, well, at full capacity, the company will only be able to leave by 2015.

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