EGA To Increase Premium Aluminium Sales To BMW
Emirates Global Aluminium PJSC (EGA) announced earlier this week its plans to substantially increase its supply to German automaker BMW...
Asia
EGA Inks Five-Year Bauxite Supply Agreement With Xinfa From GAC Mines In Guinea
Emirates Global Aluminium PJSC (EGA) said earlier this week it has come to a five-year agreement with Xinfa to supply its refineries with bauxite from its bauxite mines in Guinea. Per the firm, EGA’s Guinea Alumina Corporation (GAC) would supply the Chinese...
EGA Begins New Round Of Research Collaboration With MIT
Emirates Global Aluminium PJSC (EGA) began a new phase in its ongoing research partnership with the Massachusetts Institute of Technology...
Malaysian Government To Begin Issuing Bauxite Mining Licenses By End Of January
The Malaysian government will begin to issue mining licenses to bauxite miners within the next three months according to a...
Events
Alba Adds New Custom Fire Truck To Safety Vehicle Fleet
Aluminium Bahrain B.S.C. announced a new addition to its safety vehicles today as it added to the fleet a custom-made fire truck that features state-of-the-art fire-fighting equipment. The vehicle, which was produced by a United States company specifically for Alba, complies with international fire safety standards and Bahrain’s requirement that it be able to service […]
Alba Reports 53 Percent Bump In Gross Profit For Q3
Aluminium Bahrain B.S.C. reported financial results for the third quarter and opening three months of 2019 yesterday. A weak global market for aluminium notwithstanding, the firm reported increases in both sales and profit for the just-ended quarter. In the third quarter, Alba generated a Profit and Total Comprehensive Income of BD10.7 million (US$28.5 million), down […]
Alumex Debuts New Aluminium Windows, Doors, And Curtain Wall Products In Sri Lanka
Alumex PLC announced last week the introduction of a new aluminium product range for the Sri Lankan market under the umbrella of Alumex Building Systems (ABS). The internationally-accredited products are designed for high-rise buildings and engineered to withstand challenging weather conditions thanks, in part, to a glazing thickness of up to 24 mm (15/16”). Among […]
Alba Sets Records For Production And Sales Volume In Q3
Aluminium Bahrain B.S.C. announced yesterday that it set a record last quarter for both production and sales volume of primary aluminium. In the third quarter Alba smelted a total of 385,396 metric tons of primary aluminium, up by 53 percent on the year from last year’s third-quarter total production of 251,472 metric tons. Meanwhile, the […]
EGA Inks Landmark Tolling Agreement With Dubai Natural Gas Company
Emirates Global Aluminium PJSC (EGA) announced last week that it has reached a landmark tolling agreement with Dubai Natural Gas Company (DUGAS) to generate electricity for the firm’s operations utilizing natural gas sourced by DUGAS from the Dubai Supply Authority (DUSUP). Per the announcement, EGA will provide ENOC Group subsidiary DUGAS power for its operations […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
