* First greenfield aluminium mill in U.S. for 37 years
* Rusal looks to invest $200 million in the mill
* To supply 2.0 mln T of low-carbon aluminium over 10 years (Releads, adds detail throughout)By Polina DevittMOSCOW, April 15 (Reuters) - Rusal is making itsfirst investment in the United States since Washington liftedsanctions against the Russian aluminium giant, teaming up withU.S. manufacturer Braidy Industries to build a mill in Kentucky.Rusal, the world's largest aluminium producer outside China,announced the deal in one of the main markets for the sectorless then three months after it was removed from a blacklist. Ithad already resumed supplies to the U.S. market. The U.S. imposed sanctions on Rusal and its co-owner OlegDeripaska in April 2018. Sanctions against Rusal and its parentEn+ , were lifted in January as Deripaska reduced hisstake after months of talks and several extensions of thedeadline for sanctions to take full effect. .Rusal and aluminium alloys manufacturer Braidy will create ajoint project to produce flat-rolled aluminium products for theU.S. automotive industry, the Russian company said on Monday."The output from the mill will aid towards rebalancing theanticipated deficit of the auto body sheet in the U.S. market,"Rusal said in a statement.The Atlas mill will be the first greenfield aluminium millin the United States for 37 years, Braidy and En+ said."In 2021, Braidy Atlas will make the largest order forprimary aluminium rolling slab worldwide," Braidy ChiefExecutive Craig Bouchard said.The binding documentation for the mill in Ashland, Kentucky,which will be 40 percent owned by Rusal and 60 percent by Braidyis expected to be signed by July, Rusal said.
It will have an annual capacity of 500,000 tonnes ofhot-rolled band and 300,000 tonnes of finished cold-rolledproducts.
Rusal plans to supply aluminium slab alloys and primarymetal for the new mill from its Taishet aluminium smelter thatis currently under construction in Siberia. Rusal previouslyplanned to launch the Taishet smelter in late 2020. The Russian company intends to invest $200 million in thismill and supply about 2 million tonnes of low-carbon aluminiumover 10 years worth about $500 million per year.
Rusal produced 3.8 million tonnes of aluminium in 2018. Ithistorically has been the number two non-domestic supplier ofprime aluminium in the United States, Braidy said.
(Reporting by Polina Devitt, Editing by Raissa Kasolowsky,Sherry Jacob-Phillips and Alexander Smith)