UAE

Umm al-Quwain Studies Aluxinium Smelter Project 

The Ruler of Umm al-Quwain, Shaikh Rashid ibn Ahmad al-Mutalla, and a consortium of British, US and West German companies have negotiated a deal to set up in Umm al-Quwain a $650mn aluminium smelter project with an annual capacity of 120,000 tons.

The contract for the project is to be signed at a later date but work on the smelter and other facilities is expected to begin later this year after reaching an arrangement to supply...