Aluminum of Kazakhstan decreased alumina production in Jan - July of 2001

/IRBIS, Sept 03, 01/ - REUTERS bureau - Astana with reference to the public relations department of Aluminum of Kazakhstan company informs that company produced 682.018 tonnes of alumina during seven months of this year in comparison with 698.875 tonnes of last year similar period. According to the information "some decrease of production volume has no serious reasons. And this will not prevent the company to achieve till the end of 2001 the level 1.2 m tonnes of alumina." During seven months of this year the volume of investments increased to 88.5% to the level of last year and totaled KZT2.8bn. During the same period bauxite extraction totaled 1.98 tonnes. Aluminum of Kazakhstan company is the single producer of alumina in Kazakhstan and is among the group of companies which are controlled by Eurasian bank. The group unites alumina production, several mines and power generating sites, ferroalloys production and iron ore resources production. Russian aluminum plants consume all alumina produced in Kazakhstan.