Metals

UAE's Mubadala signs US$5 billion deal with Guinea to develop aluminium industry

Alumina RefineryInvestment firm Mubadala has signed a US$5bn agreement with the government of Guinea to develop a bauxite mine and an alumina refinery in the country, which would help it secure raw material for its UAE aluminium plants

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South Africa’s Scaw Metals to open US$40 million grinding plant in Ghana

steel mill 3South African steel products manufacturer Scaw Metals Group has partnered with the Guma Group and Jospong Group of Companies to construct a US$40mn grinding plant in Tema, Ghana

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Kumba Iron Ore and ArcelorMittal South Africa sign supply deal

iron ore RDKKumba Iron Ore, a subsidiary of miner Anglo American Plc, has signed an agreement with ArcelorMittal South Africa (AMSA) to supply 6.25mn metric tonnes of iron ore annually to the steel manufacturer

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Egyptian Steel planning for IPO in 2015

steel pipesManufacturer Egyptian Steel has announced that it has planned for an initial public offering (IPO) in 2015 and expects to float up to 30 per cent of its shares in the local stock market

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Platinum production venture created in Zimbabwe

Platinum-4jg29dState-owned Zimbabwe Mining Development Corporation (ZMDC) has formed a platinum metal production joint venture with UK-listed Eurasian Natural Resources Corporation (ENRC) and an unnamed Chinese firm

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