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...
ING
Rusal Launches Russia’s First US$750 MM Sustainability Linked Pre-Export Finance Facility
Russian Federation aluminium titan U.C. Rusal said yesterday it is preparing to enter a new five-year sustainability-linked syndicated facility worth US$750 million. It will be the first such facility ever arranged by international commercial banks in Russia. Rusal says the proceeds from...
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...
Trump’s Tariff Announcment Sends Aluminium Premiums in the U.S. Skyward to 3-Year Highs
Planning on overseas supplies of aluminium to become scarce as President Donald Trump’s ten-percent tariffs go into effect, U.S. buyers...
Events
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 ...
