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Imo Government restores the historic aluminium plant after years of abandonment
24 Dec 20252MINS
Downstream
The Imo State Government has officially recommissioned the Imo Aluminium Extrusion Industries Limited (ALEX) in Inyishi, Ikeduru Local Government Area, marking the full revival of one of the state’s oldest and most strategic industrial assets.  At the official flag-off ceremony on Tuesday, the Co ...
Aluminium Extrusion surge in caps, strong week at Nigerian Exchange after 59% weekly rally
24 Dec 20253MINS
Downstream
On the closing of Nigerian Exchange (NGX) last week, Aluminium Extrusion emerged as the standout performer after a sharp rally that placed it at the top of the weekly gainers’ table. The aluminiumstock surged by 59.35 per cent to close at N12.35 ( USD 0.0082), reflecting heightened investor interest ...

23 Dec 20255MINS
Downstream
The market for aluminium foil has expanded to a total of USD 38.55 billion in 2024 and will continue to grow at a CAGR of 5.05 per cent till 2030. This is largely due to capital investments made by major manufacturers in their production capacity and the expanding applications of aluminium foil in v ...
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