UAE firm seeks investors for US$6bil US plant


Mitsubishi Corp is among the prospective investors and discussions between the two companies are at an early stage. — Bloomberg

DUBAI: Emirates Global Aluminium (EGA) is looking for equity partners for its planned aluminium plant in the United States.

According to people familiar with the matter, the aluminium producer, one of the world’s largest, is in talks with potential investors for a smelter it plans to build in Oklahoma. It’s unclear how much EGA aims to raise. 

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