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Egypt Aluminium obtains approval for new production line

Egypt Aluminium obtains approval for new production line

ArabFinance: Egypt Aluminum (EGAL) said Industrial Development Authority (IDA) approved adding a new production line with electrical cells to extract the aluminum side by side. 

The Company said in a statement sent to EGX, the productivity of the line will reach 250,000 tons of aluminum molten and foundry on space of 350 acres.

The company's production of Aluminum will be increased to 570 tons a year.

The Company added the Authority of Environmental Affairs ratified new expansions only to exploiting natural gas and electricity as fuel in cells, furnaces, and foundries. 

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