Asia

UAE’s Mubadala Buys 2.6-Percent Share In En+ Group

UAE’s Mubadala Buys 2.6-Percent Share In En+ Group

UAE’s state-owned investment company Mubadala Investment Company PJSC purchased a 2.6 percent share of aluminium giant U C Rusal’s parent company En+ Group last week for an undisclosed sum. Mubadala added the purchase to its existing 0.26 percent share. The investment firm...

Events

Vedanta Plans US$300 MM In Capital Expenditures In Current Fiscal Year

India’s premier aluminium smelter Vedanta Ltd. plans to spend US$300 million during the current fiscal year. This is according to comments made to domestic media by Vedanta Aluminium’s Chief Executive Officer Ajay Kapur last week. “Our most significant expansion will be at our Lanjigarh alumina refinery,” Kapur told India’s BusinessLine. “Subject to government approvals, the […]

Alba Achieves ISO Certification For Its Business Continuity Planning

Aluminium Bahrain B.S.C. (Alba) announced this week that it has been certified by the International Organization for Standardization under the ISO 22301:2012 certification for Business Continuity Management System (BCMS). Alba notes that the certification is a recognition of its ability to conduct business in the face of disruption in addition to holding to best practices […]