[SMM Aluminum Flash News] AGI Greenpac Begins Construction of Aluminum Beverage Can Facility in India

Egyptalum has signed an agreement with Trafigura to study the expansion of its Nag Hammadi aluminum smelter in Egypt, with an initial investment of about USD 900 million. The project includes a new 300,000-tonne-per-year primary aluminum smelter and a 150,000-tonne-per-year anode plant, which would nearly double the company’s current output. Under the agreement, a new project company will be established to develop and operate the facility, while Trafigura will participate as a minority investor, financing provider and long-term feedstock and offtake partner. The company said the project will strengthen Egypt’s position in the global aluminum industry chain.

According to Qichacha information, Chongqing New Aluminum Era Intelligent Manufacturing Technology Co., Ltd. was officially established recently. Its business scope is extensive, covering industrial robot sales, special-purpose robot manufacturing, intelligent robot R&D, as well as artificial intelligence hardware sales and artificial intelligence application software development, among other fields. Qichacha's equity penetration analysis shows that the company is jointly held by enterprises including New Aluminum Era.