EGA Inks US$6.5 Billion Debt Refinancing Loan

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 of several regional and global financial institutions. EGA’s new note is a senior unsecured facility with a tenor of seven years and...

EGA Mulling Debt Refinance

UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) is planning to refinance up to US$6.7 billion of its outstanding debt...


EGA Sends First Shipment of 5,000 MT of Spent Pot Lining to UK Recycling Firm Befesa

UAE’s Emirates Global Aluminium (EGA) announced last week the first shipment of spent pot lining to British waste management firm Befesa for recycling. According to the EGA press release, the firm shipped approximately 5,000 metric tons of the spent lining to Befesa for reuse in industries including cement, fiberglass, and ceramics. Pot lining has a […]

Larsen & Toubro Close to Winning Mining Rights to Odisha Bauxite Reserves

Indian multi-national conglomerate Larsen & Toubro (L&T) is close to securing mining rights over the 300 million metric tons of ore in the Kutrumali and Sijimali bauxite deposits in Odisha, India. L&T currently holds the prospecting license (PL) over both deposits and, under the new Mines and Minerals (Development & Regulation) MMDR Act, the Mumbai […]