United Company Rusal's (HKG:0486) member, JSC UC RUSAL TH, agreed to sell aluminium products to KraMZ, an associate of EN+ Group International public joint-stock company, a substantial shareholder of the company, a Thursday Hong Kong bourse filing said.
The contract for the supply will last until the end of this year, and the estimated volume for the year's supply came in at 100,000 metric tons.
The total estimated consideration for the supply for the whole year is $250 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments