FRANKFORT, Ky. - 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 to build near Ashland, Kentucky. File-This Aug. 22, 2018, file photo shows a sign declaring the future home of Braidy Industries' aluminum mill in Ashland, Ky. An aluminum company planning to build a $1.7 billion plant in Appalachia is forming a partnership with a Russian company that until recently faced U.S. sanctions. Russian aluminum giant Rusal wants to invest $200 million in an aluminum rolling mill that Braidy Industries intends to build near Ashland, Kentucky. In Kentucky, Braidy announced plans for the mill two years ago but has been working since to complete financing.

Source: thestar April 15, 2019 20:03 UTC