# Runaya signs $75M JV pacts with UC Rusal and Taha International

Runaya signed two joint venture agreements worth $75 million: a 50:50 JV with UC Rusal to produce aluminium pastes and powders in India, and a JV with Taha International Corporation for aluminium dross processing technology.

- Type: Partnership
- Announced: 2020-07-27
- Where: Bhilwara, Rajasthan, India
- Value: $75.0M
- Jobs: 2,000
- Status: announced
- Capacity: 10,000 metric tonnes per annum
- Products: aluminium pastes, aluminium powders, aluminium dross processing
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Runaya Metsource](https://endata.com/companies/23497.md)
- [UC Rusal](https://endata.com/companies/20628.md) (partner)
- [Runaya Metsource](https://endata.com/companies/23497.md) (partner)
- [Taha International Corporation](https://endata.com/companies/24552.md) (partner)
- [Orica Limited](https://endata.com/companies/28933.md) (partner)
- [Minova International](https://endata.com/companies/49084.md) (partner)

## Sources

- [constructionweekonline.in](https://www.constructionweekonline.in/projects-tenders/14432-runaya-inks-75-million-pacts-with-2-global-firms), 2020-07-27: "Runaya, one of the fastest growing manufacturing start- up in the metals space, has signed two joint venture agreements with leading global companies for providing sustainable and high-end solutions to the Indian aluminium industry."
- [australianmining.com.au](https://www.australianmining.com.au/minova-announces-jv-with-india-based-runaya/), 2020-08-02: "Production is slated to commence in January 2021, with the facility catering to both Indian and global markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.