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Hindalco Industries, the metals flagship of the Aditya Birla Group, has acquired 100 per cent equity in EMIL Mines and Mineral Resources Ltd. (EMMRL). The acquisition is a strategic step aimed at securing a long-term, reliable coal supply for Hindalco’s aluminium smelters, ensuring uninterrupted pro ...
Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of spot market performance, social inventory destocking provided support for local spot premiums. Downstream enterprises purchased aluminium as needed amid high aluminium prices.
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ADNOC and Emirates Global Aluminium (EGA) have inked a landmark five-year supply deal worth $500 million (AED 1.84 billion), securing up to 1.5 million tonnes of calcined petroleum coke (petcoke), a crucial ingredient in aluminium production.
Announced at the high-profile 'Make it in the Emirates ...
