Dubal eyeing Guinea, Cameroon and India for development

Dubal eyeing Guinea, Cameroon and India for developmentDubai Aluminum Co (Dubal) hopes to increase production by having its subsidiary Emirates Aluminum Co partner with Abu Dhabi investment firm Mubadala Development Co on a bauxite mine in Guinea, along with importing raw materials from Cameroon and India.  They hope to diversify their holdings as oil and gas prices fluctuate.

Dubal is the largest producer of aluminum in the world, producing 1.7 million metric tons this year with Emirates Aluminum.  Emirates hopes to double production to 1.5 million metric tons alone when the new ventures in Guinea, India, and Cameroon come to fruition.  Demand for metals is rising, but so are costs, so companies are looking to increase production to keep themselves profitable.

 



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Dubai Aluminum Co (Dubal) hopes to increase production by having its subsidiary Emirates Aluminum Co partner with Abu Dhabi investment firm Mubadala Development Co on a bauxite mine in Guinea, along with importing raw materials from Cameroon and India.  They hope to diversify their holdings as oil and gas prices fluctuate. Dubal is the largest producer of aluminum in the world, producing 1.7 million metric tons this year with Emirates Aluminum.  Emirates hopes to double production to 1.5 million metric tons alone when the new ventures in Guinea, India, and Cameroon come to fruition.  Demand for metals is rising, but...

Dubal eyeing Guinea, Cameroon and India for developmentDubai Aluminum Co (Dubal) hopes to increase production by having its subsidiary Emirates Aluminum Co partner with Abu Dhabi investment firm Mubadala Development Co on a bauxite mine in Guinea, along with importing raw materials from Cameroon and India.  They hope to diversify their holdings as oil and gas prices fluctuate.

Dubal is the largest producer of aluminum in the world, producing 1.7 million metric tons this year with Emirates Aluminum.  Emirates hopes to double production to 1.5 million metric tons alone when the new ventures in Guinea, India, and Cameroon come to fruition.  Demand for metals is rising, but so are costs, so companies are looking to increase production to keep themselves profitable.

 



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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