EGA Inks Deal To Build Desalinization Plant And Energy-Efficient Power Plant At Jebel Ali Aluminium Smelter
UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) announced earlier this week a deal with Mubadala Development Company PJSC and...
Dubal
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 Expands Research Partnership with MIT
Emirates Global Aluminium PJSC (EGA) and the Massachusetts Institute of Technology (MIT) have partnered to conduct six new practical research...
Events
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 […]
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 ...
