Rusal boosted revenue to U.S. GAAP 33 percent year-on-year in the first half of 2006 to 4 billion dollars, the world's No. 3 aluminum producer said on July 13. Revenue from the sale of aluminum on the international markets grew 40 percent to 2.8 billion dollars. "We have delivered strong performance in the first half of 2006. Rusal took major strides to expand into global markets through significant acquisitions and long-term investments in Africa, Asia and South America. The launch of the Boguchanskoye energy and metals project in the Krasnoyarsk region of Siberia demonstrates our continued investment in Russia. We intend to further capitalize on favorable market conditions and accelerate our strong growth bv implementing moderni-zation programs, launching new production facilities, purchasing assets, entering new markets and providing our cEents with new opportunities," the release quoted Alexander Bulygin, Rusal's CEO, as saying.
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