UAE eyes stakes in bauxite firms

Abu Dhabi government investment agency Mubadala Development said it plans to join state-run Dubai Aluminium to create a company to buy stakes in bauxite mining companies and develop reserves of the ore. The two companies will set up Emal International to look at acquisitions or developments in countries such as Algeria, Morocco and India, Mubadala’s chief operating officer Waleed Al Muhairi said... 

Sourcing bauxite for smelters a challenge

Finding enough bauxite sources to feed the upcoming aluminium smelters in the Gulf will be a challenge as the region begins to emerge as a major producer of the metal. Availability of cheaper energy has encouraged new investment in aluminium production in the region. Power is responsible for roughly one-fourth of a smelter’s operating costs, while alumina supplies account for 45 per cent. Aluminium... 

Tag: bauxite for abu dhabi s aluminium, bahrain bauxite, abu dhabi bauxit, bauxite smelters in the world, jamaica bauxite mining limited

Global Alumina announces joint venture negotiation progress

Global Alumina Corporation announced that its board of directors will meet within this week to approve the establishment of a joint venture among an affiliate of BHP Billiton, Dubai Aluminium Company Limited (“DUBAL”), Mubadala Development Company PJSC (“Mubadala”) and the Company to develop and operate the Company’s alumina refinery project in the Republic of Guinea.... 

Global Alumina Announces Joint Venture Agreements in Process of Finalization

Global Alumina Corporation announced that the Company has been informed that the proposed joint venture with an affiliate of BHP Billiton, Dubai Aluminium Company Limited (“DUBAL”) and Mubadala Development Company PJSC (“Mubadala”) to develop and operate the Company’s alumina refinery project in the Republic of Guinea has received board approvals from two joint venture... 

Tag: global alumina, global alumina jv agreement bhp billiton