Boguchany Aluminium Smelter
Encyclopedia
Boguchany Aluminium Smelter is a Russia
Russia
Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n aluminium smelter currently being constructed near the settlement of Tayozhny, in the Boguchansky District
Boguchansky District
Boguchansky District is an administrative and municipal district , one of the forty-three in Krasnoyarsk Krai, Russia. It is located in the northeast portion of the krai and borders with Evenkiysky District in the north, Kezhemsky District in the east, Irkutsk Oblast in the southeast, Abansky...

 of Krasnoyarsk Krai
Krasnoyarsk Krai
Krasnoyarsk Krai is a federal subject of Russia . It is the second largest federal subject after the Sakha Republic, and Russia's largest krai, occupying an area of , which is 13% of the country's total territory. The administrative center of the krai is the city of Krasnoyarsk...

. It is one of the largest development projects of the RUSAL company, which builds this new aluminium plant in the partnership with a hydroelectricity
Hydroelectricity
Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. It is the most widely used form of renewable energy...

 producer RusHydro
RusHydro
RusHydro , previously known as Hydro-OGK, is a Russian hydroelectricity company. As of 2008 it has a capacity of 25 gigawatts. It is the world's second-largest hydroelectric power producer and is the country's largest power-generating company and the largest successor to RAO UES...

. Each side owns a 50% stake in the Boguchany Energo-Metallurgical Union , a company that governs the construction of the new smelter, which is expected to use the energy from the RusHydro's Boguchany Dam (a new hydropower station expected to be launched in 2011).

The project capacity of the plant is 600,000 tons of aluminium
Aluminium
Aluminium or aluminum is a silvery white member of the boron group of chemical elements. It has the symbol Al, and its atomic number is 13. It is not soluble in water under normal circumstances....

 per year. Total investment in the project is estimated to reach $2 billion. Over 1500 workers will work at the main production facility, while another 1500 jobs will be created in the supporting facilities. The smelter is scheduled to be launched in 2013.

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