Middle East Economic Survey

VOL. XLVIII

No 41

10-October-2005

UAE

Dubal Signs Offtake And Equity Investment Agreement With Canadas Global Alumina

Canadas Global Alumina Corp announced on 4 October it had entered into a long-term off-take agreement with Dubai Aluminium (Dubal) covering 40% of the expected alumina production from Global Aluminas planned alumina refinery in the Republic of Guinea (MEES, 22 August). Global Alumina also announced it had closed the initial $20mn tranche of Dubals...