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Reuters Africa reports that Rusal Plc(HKG:0486) sees steady output growth in 2011, driven by strong demand from China and a rebound in North America.
Reuters Africa reports that Rusal Plc (HKG:0486) sees steady output growth in 2011, driven by strong demand from China and a rebound in North America.
The market news is quoted as saying:
Its shares closed at a record high on rising output and hopes that the aluminium giant is inching toward a sale of its stake in top world nickel miner Norilsk Nickel (GMKN.MM: Quote) which could effectively erase its debt of more than $11 billion.
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