OREANDA-NEWS. February 16, 2011. UC RUSAL (SEHK: 486, EuroNext: RUSAL/RUAL, MICEX: RUALR, RTS: RUAL), the world’s largest aluminium producer and owner of a 25% stake in MMC Norilsk Nickel, confirms receipt of a letter from MMC Norilsk Nickel proposing to acquire the company’s 20% stake in MMC Norilsk Nickel.

The Board of Directors of RUSAL, in accordance with the internal corporate procedures, instructed the Norilsk Nickel committee of RUSAL Board of Directors, to examine and discuss the offer received. The recommendations of the committee will be considered by the Board of Directors of RUSAL.