In a week of proud announcements, Emirates Global Aluminium (EGA) has unveiled two noteworthy investment decisions with an intent of sweeping diversification and localisation strategy, while simultaneously contending with mounting geopolitical pressure in its upstream supply chain.
On May 16, EGA ...
Canyon Resources Limited has secured a substantial USD 24.5 million investment from its major shareholder, Eagle Eye Asset Holdings, following the exercise of 350 million options. This move will raise Eagle Eye’s ownership in Canyon to 54.7 per cent and strengthen the company’s cash position, enabli ...
Rjukan is set to witness the upgrade of the hydropower production initiated by Hydro, a leading aluminium and renewable energy company. For the upgrade, the firm is initiating an impact assessment, which further includes submitting a new application for setting up a new hydropower plant.
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