Emirates Global Aluminium Acquires Majority Stake in Italian Firm
Emirates Global Aluminium has announced the acquisition of an 80% stake in an Italian company, expanding its international portfolio.
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Emirates Global Aluminium has announced the acquisition of an 80% stake in an Italian company, expanding its international portfolio.
Emirates Global Aluminium (EGA) has stated that it may take up to a year to fully restore aluminum output in Abu Dhabi, following recent disruptions.
Emirates Global Aluminium has reported that one of its smelter sites sustained damage following an attack, though further details on the nature or perpetrators of the attack were not immediately available.
Emirates Global Aluminium has stated that the recovery of aluminum production could take up to a year, indicating potential long-term impacts on the industry.
Emirates Global Aluminium has reported 'significant damage' from recent Iranian strikes, contributing to a projected 10% monthly surge in aluminum prices as the Iran War impacts supplies.

Emirates Global Aluminium (EGA) plans to reroute its aluminum exports and raw materials through Oman's Sohar port in the coming days, a move prompted by the ongoing conflict in the Middle East.

NAKON iranskih raketnih napada, tvornica aluminija Emirates Global Aluminium u Abu Dhabiju prisiljena je na zatvaranje. Popravci bi mogli trajati do godinu dana, što će utjecati na globalnu opskrbu.

An Iranian demand for tolls in the Strait of Hormuz is being viewed as a potential step away from the rules-based world order, though some doubt its realism. Meanwhile, rules regarding which countries' ships are allowed passage through the strait have been clarified.