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EGA Secures Financing For Guinea Alumina Project
06/03/2019
  Emirates Global Aluminium’s (EGA) Guinea Alumina Corporation secured $750 million loan for Guinea’s largest-ever greenfield mining project financing. The loan enables EGA to develop its bauxite-mining project while benefiting the economy of the West African nation.   A variety of actors – including development finance institutions, export credit agencies […]
Impol To Supply BMW
06/03/2019
  Slovenian aluminium products maker Impol signed a €40 million deal with German car manufacturer BMW to become its direct supplier of aluminium rods for the bodyworks of new electric and plug-in hybrid vehicles for an initial period of five years.   To meet the demand, Impol will build a […]
Trimet Launches Trial For Its Virtual Battery
05/24/2019
  Trimet Aluminium – Germany’s largest aluminium producer – started the trial operation of its virtual battery – an innovative electricity solution the company hopes will help it in its energy transition. The launch is the latest development in Trimet’s research project that started six years ago.   The EUR36 […]
Gränges Buys Infrastructure To Secure Energy Supply
05/23/2019
  Swedish rolled-aluminium manufacturer Gränges acquired the entire utilities infrastructure from Jernbro on its industrial premises in Finspång. The facilities – for which Gränges paid SEK93 million (EUR 8.65 million) – are meant to help the company secure a reliable and long-term supply of energy and other utilities.   Gränges […]
STAS acquires SERMAS Industrie
05/17/2019
  Quebec’s family-run STAS – a high-technology equipment supplier – acquired SERMAS Industrie – a French company specialised in the sawing of large materials for the aluminium industry. The companies did not disclose financial details about the deal.   Through its acquisition of SERMAS Industrie, STAS is seeking to become […]
EGA’s Al Taweelah Receives ASI’s Sustainability Recognition
05/16/2019
  Emirates Global Aluminium (EGA) became the first company in the Middle East to achieve Certification to the Aluminium Stewardship Initiative (ASI) Performance Standard. ASI’s certification recognises EGA’s Al Taweelah smelter for its sustainability practices.   EGA – the first Middle East headquartered company to join ASI – produces over 1.5 […]
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