UAE Aluminum Maker Seeks Investors for $6 Billion US Plant
A worker uses a forklift to transport aluminium billets at the Emirates Global Aluminium Al Taweelah plant in Abu Dhabi.
Photographer: Christopher Pike/BloombergEmirates Global Aluminum is looking for equity partners for its planned aluminum plant in the US, according to people familiar with the matter.
The aluminum producer, one of the world’s largest, is in talks with potential investors for a smelter it plans to build in Oklahoma, said the people, who declined to be named discussing private information. It’s unclear how much EGA aims to raise, they said.