Hydro Aluminium and Russian Aluminium (Rusal) have entered into a long-term agreement for production and sourcing of high quality extrusion ingots to meet the increasing needs of their global markets. The agreement, to last in excess of ten years, builds on existing relations between Hydro Aluminium and Rusal. Hydro will participate in upgrading the aluminium cast house at Rusal's Sayanogorsk smelter, located in southern Siberia. The development will take place in two stages. The first stage is to be completed by the end of 2003, adding annual capacity of an 80,000 tonnes of extrusion ingot. The second stage, to follow a few years later, will further bring casting capacity up to 160,000 tonnes per year.
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