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Within two months, a working group would be set up to analyse details of the joint projects under the MOU, Rusal said in a statement.
Rusal may export technologies for production of aluminum and aluminum products and help build an aluminum production plant in the territory of Xinshan Aluminum Industry Demonstration Park in China's southwestern region of Guangxi, which may demand 2 million tonnes of bauxite a year.
Bauxite is the ore for alumina production, which is used for primary aluminum production.
The two parties also could set up joint ventures to mine bauxite and build alumina complex in countries in the Asia-Pacific region, Rusal said.
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