$1bn Aluminum Rolling Mill in Abu Dhabi
Abu Dhabi Government’s industrial investment arm, General Holding Corporation (GHC) is using US$1 billion (Dh3.67bn) aluminium mill to employ 3,000 jobs. Aluminium has reached an average of $2,196 a tonne return this 2010 even after the global financial crisis.
“The philosophy of GHC is to create industrial projects to attract global players to Abu Dhabi, whether it is in the chemicals, polymers, aluminium or steel fields,” said Hussain al Nowais, the vice chairman of GHC.
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Tue, May 11, 2010
Post by Mike Rodger, Aluminum Reporter