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18 MAY 2020 AL CIRCLE

Dutch Aluminium maker Aldel to sell 180,000 tonnes to Glencore

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

Adel, the Netherlands-based aluminium maker stated on 18th May’20 that it has tied up for this year and next year to sell 180,000 tonnes of the metal to commodity trader Glencore.

Adel to sell 180,000 tonnes of aluminium

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London-listed Glencore is a major player in the aluminium market outside China. Earlier in April’20, Glencore made a deal with Rusal for $16.3 billion.

Adel to sell 180,000 tonnes of aluminium to Glencore

“Aldel has embarked on a ten-year plan to become one of Europe’s leading low cost and energy-efficient producers of aluminium,” Aldel said in a statement.

Report on Energy consumption in aluminium smelting and changing technologies towards gas emission

The privately-owned company currently produces around 80,000 tonnes and is focusing to boost that number up significantly over the next 12 months.


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EDITED BY : RUPANKAR MAJUMDER 1MINS READ

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