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Japanese carmaker Nissan plans to merge two production lines into one and cuts 900 jobs
06 May 20262MINS
End User
Nissan has announced plans to streamline its operations in Europe, including cutting around 900 jobs and merging production lines at its UK plant in Sunderland. The company said it will combine two production lines at the Sunderland facility, where the Leaf, Juke and Qashqai models are built. It ...
Egyptalum partners with Trafigura to build $900M aluminium smelter with EFG Hermes as advisor
06 May 20262MINS
Primary AL
EFG Hermes has been appointed as the sole financial advisor to Metallurgical Industries Holding Company (MIH) and Egyptalum on a new partnership with Trafigura to build a primary aluminium smelter in Egypt. The project will be developed through a newly created company, NewCo, which will be majori ...

06 May 20262MINS
Bauxite
EGA has agreed with the Republic of Guinea on the supply of bauxite and resolving other disputes between them, representing progress in ensuring stability in the supply of its raw materials. The agreement provides for the renewal of bauxite supply contracts under mutually agreed commercial terms. ...
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