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Emirates Aluminium plans $4.5 billion expansion
Edited by : AL CIRCLE
1 min read
A government-run aluminum smelter in the United Arab Emirates plans to spend $4.5 billion to nearly double its potential output of the widely used metal.
Emirates Aluminium said Sunday that its board approved the expansion plan to increase annual capacity to 1.3 million metric tons (1.4 million tons) by the end of 2014. The facility can now produce 750,000 metric tons (827,000 tons) of aluminum per year.
Emirates Aluminium said Sunday that its board approved the expansion plan to increase annual capacity to 1.3 million metric tons (1.4 million tons) by the end of 2014. The facility can now produce 750,000 metric tons (827,000 tons) of aluminum per year.
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