An aluminum ETF is expected to launch soon, Rusal says

07/5/2010 | ETF Trends · Bloomberg · Forbes

United Company Rusal, the world's biggest aluminum producer, said an exchange-traded fund investing in aluminum is expected to launch in the near future. Rusal CEO Oleg Deripaska did not name the financial institution that would back the ETF but said his firm and other producers are negotiating to sell aluminum to the ETF, which could buy as much as 1 million metric tons a year.

View Full Article in:

ETF Trends · Bloomberg · Forbes

Published in Brief: