Indian Court Halts Odisha’s Auction Of Karlapat Bauxite Ore Tract
The government of the Indian state of Odisha has suspended the auction of the Karlapat bauxite and iron ore block...
Emirates Global Aluminium PJSC (EGA), Mubadala Investment Company, and Dubal Holding completed a new power plant at Jebel Ali that it says is its most efficient power generation system to date. The firm marked the opening of the new power plant with...
The government of the Indian state of Odisha has suspended the auction of the Karlapat bauxite and iron ore block...
The Indian government began a sunset review of the antidumping duties on 5.5 Micron to 80 Micron aluminium foil originating...
Earlier this week the Indian government approved of ₹2.67 billion (US$36.3 million) in new bauxite ore mining projects for the...
Sources claiming knowledge of the situation say Emirates Global Aluminium PJSC (EGA) is on the verge of selecting the three banks it intends to use to launch its initial public offering (IPO) later this year. Unnamed sources told Bloomberg last week that EGA’s owner Mubadala Investment Co. will name Citigroup Inc., Goldman Sachs Group Inc., […]
Chinese aluminium behemoth China Hongqiao Group is poised to begin the second phase of construction at its alumina plant in Indonesia according to an adviser to the firm. Hongqiao’s project is hitting full swing just as prices for the aluminium precursor hit highs not seen in many months. Production at Hongqiao’s Well Harvest Winning alumina […]
Emirates Global Aluminium PJSC (EGA) turned in results for the first half of 2021 this week. The firm showed a strong rebound from last year’s pandemic-related challenges. In the year’s first half EGA turned a net profit of US$473 million, up from last year’s second-half total of US$178 million and reversing the first-half loss of […]
Aluminium Bahrain B.S.C. (Alba) commissioned the new marine jetty extension at the firm’s port facilities this week. The new jetty will allow ships of a much larger size to be used for importing alumina. The new jetty extension is part of a larger project to increase production at Reduction Line 6, which will double Alba’s […]
Sources say Emirates Global Aluminium PJSC (EGA) is weighing a possible initial public offering (IPO) in 2022 after the firm refinanced a significant chunk of its debt this week. Wire service Reuters is reporting that a trio of sources claiming knowledge revealed to them that the UAE’s aluminium smelter is considering offering between ten and […]
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 ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
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