Runaya Metsource and Rusal form joint venture for precision aluminium applications

Runaya Metsource and Rusal are forming an equal joint venture to produce high-end aluminium pastes and powders for additive manufacturing, rocket fuels, and solar energy. Initial capital is about $50 million, with commercial production starting in 2018.

“This JV with Rusal is looking to target high-end applications in additive applications, rocket fuel, solar energy and paints, and coatings for Indian and global markets.”mnacritique.mergersindia.com

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• mnacritique.mergersindia.comRunaya Metsource to form precision applications JV with Rusal | M&A CritiqueApr 11, 2017

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