Emirates Global Aluminium pens deal for Colombia's first aluminium facility

SourceMubasher
SectorEconomy
CountryUAE

UAE - Mubasher: Emirates Global Aluminium (EGA) has inked an agreement with NEO Aluminio Colombia to export its UAE-developed aluminium smelting technology for Colombia to establish its first aluminium production facility. NEO Aluminio Colombia is currently studying the feasibility of setting up a low carbon aluminium production facility, the Green Aluminium Transformation Complex for Colombia (GALTCO), in the northwest of the country using EGA's technology, according to a press release on Monday. The project will be powered with hydroelectricity and intended to reach a capacity of 540 thousand tonnes of aluminium per year. The CEO of EGA, Abdulnasser bin Kalban, said: "One of our strategic priorities is to make EGA the technology partner of choice for new ...read more...