November 29, 2018 / 10:54 AM / a year ago

Russia may buy more than 50,000 T of aluminium for state reserves - Manturov

MOSCOW, Nov 29 (Reuters) - The Russian government could still buy more than 50,000 tonnes of aluminium for the state reserves and the move will depend on U.S. sanctions against Russian aluminum giant Rusal, Industry and Trade Minister Denis Manturov said on Thursday.

A government decree dated Nov. 26 allocated up to 10 billion roubles ($149 million) to buy up to 50,000 tonnes of aluminium for the state reserve to support Rusal. (Reporting by Anastasia Lyrchikova; writing by Tom Balmforth; editing by Adrian Croft)

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