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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.
Runaya Metsource LLP has signed a 50:50 joint venture with Russia's UC Rusal to set up an aluminium pastes and powders production unit in India, and its affiliate RRL has tied up with Bahrain's Taha International Corporation for aluminium dross processing. Total investment is $75 million.