The Aluminium Association took part in the meeting of the Raw Materials Working Group established by the Industrial Cooperation Sub-Commission. The meeting was held online within the framework of the Russian-Chinese Commission on Preparing Regular Meeting of the Russian and Chinese heads of government.
The meeting participants supported the initiative of the Aluminium Association and the Chinese Association of Non-Ferrous Metallurgy, aimed at deepening cooperation in the scientific and technical sphere, including through industrial companies and research centres in Russia and China.
The parties agreed to continue holding consultations between representatives of the aluminium industry and relevant ministries in order to strengthen cooperation and discuss pending issues.
The parties also expressed their readiness to develop interregional technical cooperation between Russian and Chinese research and manufacturing companies representing aluminium industry. R&D centers of the two countries will continue to build up cooperation in the production of aluminium-based light alloys for civil industries.
Special attention was given to the project of constructing an aluminium processing facility within the boundaries of the Krasnoyarsk Technological Valley (Special Economic Zone). China has expressed willingness to take part in the development of the Krasnoyarsk Technological Valley on voluntary and market-based principles.
Krasnoyarsk Technological Valley
A joint project of the Aluminium Association, RUSAL and the Government of the Krasnoyarsk Territory is aimed at creating a Krasnoyarsk Technological Valley - an innovative industrial territory with a special legal status, customs and tax benefits.
Krasnoyarsk Technological Valley has every opportunity to create and launch aluminium rolling and extrusion mills, auto-components and packaging materials, cables and wires, building structures and customer goods, as well as fundamentally new domestic products.
The project will allow to effectively build a production chain from liquid aluminium value added products, create new production facilities and jobs.