Russian Federation aluminium giant U.C. Rusal announced yesterday a plan to invest ₽5.2 billion (US$83 million) to modernize its aluminium smelters at Sayanogorsk and Khakas.
Per the firm, the largest projects associated with this modernization push will involve upgrading the casthouse at Khakas with a new cleaning system for its 10-metric-ton ladles. The improvement will ensure purity of the metals smelted there as well as enhancing potential for product sales. The site will also receive a pair of new transformers in order to increase the reliability of the power supply on site.
Meanwhile, the other primary projects will go on at Sayanogorsk, where Rusal plans to modernize the anode-baking furnaces at the electrode production operation at the plant, which it estimates will cost the firm ₽12 billion. A quarter of that total will be spent by year’s end, and the firm says planning and surveying for the project is already under way. The project will be carried out in several stages, with Rusal estimating a completion date to fall within the year 2023.
Evgenii Nikitin, Chief Executive Officer of Rusal, elaborated upon the firm’s reasoning behind the just-announced modernization project in a press release.
“The ongoing development and modernization of our sites is essential to the consistently high level production which is expected of our Сompany. The projects planned at Sayanogorsk and Khakas Aluminium Smelters will enable these production facilities to retain their reputation as flagship aluminium production sites thanks to the high quality sustainable production and the competitiveness of their products.”
Rusal also plans to finalize construction of a red-mud disposal area by year’s end. The firm says the new facility will lessen the environmental impact of red mud as well as increasing operational efficiency of the fume treatment centers.