Emirates Global Aluminium is looking for capital partners for an aluminum plant to be built in the United States, according to Bloomberg. The company has hired Evercore as a financial advisor to attract investors. Among potential investors is Mitsubishi, but discussions are in the early stages. The exact amount of funding the company is seeking has not been disclosed. The project is expected to require capital investments of between $5 and $6 billion. The new plant will produce up to 750,000 tons of primary aluminum annually.
Emirates Global Aluminium Seeks US Plant Investors
Emirates Global Aluminium is seeking partners for a $5-6 billion aluminum plant in the United States.