World’s largest aluminium producer UC Rusal has signed memorandum of understanding (MoU) with PT Arbaya Energi, subsidiary of Satmarindo Group, for the development of bauxite-alumina project in West Kalimantan. Signing the MoU were Oleg Deripaska (CEO of Rusal) and Suryo Bambang Sulisto (CEO of Arbaya Group, who is also commissioner of Bumi Resources, the largest coal producer controlled by Bakrie Group).

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