U.S. Markets open in 6 hrs 46 mins

BRIEF-Rusal To Be Apart Of Aluminum JV With A $200 Mln Investment

April 15 (Reuters) - United Company Rusal Plc:

* ANNOUNCES LETTER OF INTENT IN RELATION TO A GREEN FIELD ALUMINIUM ROLLING MILL IN ASHLAND, KENTUCKY, USA

* ANTICIPATED THAT CO'S INVESTMENT INTO PROJECT WILL BE LIMITED TO US$200 MILLION

* EXPECTED THAT ANNUAL NAME PLATE CAPACITY OF FUTURE INTEGRATED ROLLING MILL WILL BE 500 THOUSAND METRIC TONS OF HOT ROLLED BAND

* IN EXCHANGE FOR ITS INVESTMENT, COMPANY WILL HAVE A 40% SHARE OF PROJECT

* PROJECT DEBT WILL BE FUNDED FROM FINANCIAL INSTITUTIONS

* EXPECTED ANNUAL NAME PLATE CAPACITY OF FUTURE INTEGRATED ROLLING MILL TO ALSO INCLUDE 300,000 METRIC TONS FULLY FINISHED COLD ROLLED PRODUCTS

* WILL SUPPLY ALUMINIUM TO NEW ROLLING MILL FROM ITS NEW TAISHET ALUMINIUM SMELTER CURRENTLY UNDER CONSTRUCTION IN SIBERIA Source text for Eikon: Further company coverage: