Norsk Hydro Inks US$200 MM Sustainability Linked Loan For Switch To Natural Gas At Alunorte
Norwegian aluminium producer Norsk Hydro ASA has obtained a US$200-million sustainability-linked loan to fund a switch of the company’s fuel...
citi
Emirates Global Aluminium Opens Sustainable Accounts With Citi And Standard Chartered
Emirates Global Aluminium PJSC (EGA) became among the first companies in the Gulf region to open sustainable corporate bank accounts with Citi and Standard Chartered bank this week. The sustainable corporate bank accounts EGA opened will ensure that the cash balances are...
EGA Refinances US$5.5 Billion In Corporate Debt
Emirates Global Aluminium PJSC (EGA) completed a refinance of US$5.5 billion of its debt, reducing its debt load by US$1...
EGA Inks US$6.5 Billion Debt Refinancing Loan
Emirates Global Aluminium PJSC (EGA) announced yesterday the successful completion of a US$6.5-billion term loan facility backed by a contingent...
Events
Sources Say Oman’s Sohar Aluminium In Talks With London Banks Regarding Possible Refinancing
A handful of sources told Reuters yesterday of Oman’s Sohar Aluminium’s plans to confer with London financial institutions to discuss potential financing options. Per the unnamed sources, Sohar is seeking options for altering the financing deal that formed it over a decade ago. The sources say it may seek to refinance a 2006 syndicated loan […]
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 ...
