Entries by aciwpadmin

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Braidy Partnership Detailed at New York Stock Exchange

Glenn Puit, Editor NEW YORK – It was a moment of celebration for Northeast Kentucky and Braidy Industries Monday morning at the New York Stock Exchange as company leaders detailed a new global partnership to develop Braidy’s aluminum mill right here in the Tri-State. Ashland-based Braidy confirmed late Sunday it is partnering with global economic […]

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Rusal Signs Letter of Intent to Invest in Braidy Atlas

Edited by DeAnne Toto Rusal will obtain a 40 percent stake in the project in exchange. Ashland, Kentucky-based Braidy Industries Inc. and Russia-based En+ Group PLC have announced the execution of a letter of intent (LOI) specifying basic terms for a potential $200 million lead investment for its Braidy Atlas mill by En+ Group subsidiary, […]

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RUSAL and Braidy Industries Will Construct a Greenfield Aluminium Rolling Mill in Kentucky

by Nadine Bloxsome RUSAL and Braidy Industries will construct a greenfield aluminium rolling mill in Kentucky RUSAL and Braidy Industries Inc., and NanoAl, a Northwestern University incubated materials research and technology company, have announced an intent to establish a joint project in Ashland, Kentucky, USA to produce flat rolled aluminium products for the US automotive […]

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Russian Company to Invest in Kentucky Aluminum Mill

By BRUCE SCHREINER FRANKFORT, Ky. (AP) — An aluminum company planning to build a $1.7 billion plant in Appalachia said Monday it’s forging a partnership with a Russian company that until recently faced U.S. sanctions. Russian aluminum giant Rusal wants to invest $200 million in a Kentucky taxpayer-backed aluminum rolling mill that Braidy Industries intends […]

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Rusal to be Strategic Partner, Exclusive Supplier to Braidy Atlas Kentucky Aluminum Mill

Author: Joe Innace Editor: Norazlina Jumaat Commodity: Metals Singapore — Russia’s Rusal, the world’s second largest producer of primary aluminum, and US-based Braidy Industries have signed a letter of intent, which will make Rusal a strategic partner in Ashland, Kentucky’s Braidy Atlas aluminum mill, with Rusal investing up to $200 million, the two companies said […]

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Braidy, Global Aluminum Giant Close to $200M Investment Deal

By MARK MAYNARD, Kentucky Today ASHLAND, Ky. (KT) – Braidy Industries, Inc., may be having its greatest day Monday. A letter of intent outlining basic terms for a $200 million lead investment for its Braidy Atlas mill is officially in the works with United Co. Rusal, a Russian aluminum giant and one of the world’s […]

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Russia’s Rusal Makes $200 Million Kentucky Aluminum Investment

By Joe Williams Rusal is seeking to pour $200 million in Kentucky-based Opens a New Window. Braidy Industries, the Russian aluminum giant’s first investment Opens a New Window. in the country since resolving Opens a New Window. a sanctions Opens a New Window. dispute Opens a New Window. with the Trump administration. Under the terms […]