ASSESSMENTS

Guinea: A New Deal for RUSAL

Apr 10, 2008 | 18:57 GMT

SEYLLOU/AFP/Getty Images

Summary

Guinea warned Russian aluminum giant United Company RUSAL late April 9 that it must renegotiate a share sale deal with the Guinean government or risk losing its Friguia alumina refinery. Given RUSAL's strong ties to the Guinean government and its operational history, the company is likely to comply — giving Guinean President Lansana Conte more funds with which to prolong his regime.

Guinea has warned Russian aluminum giant United Company RUSAL that it must renegotiate a share sale deal with the government or risk losing an alumina refinery. RUSAL is likely to comply....

Subscribe to view this article

Subscribe Now

Subscribe

Already have an account?