According to foreign media reports, Emirates Global Aluminium (EGA) has completed the acquisition of Leichtmetall aluminum plant. The deal has received regulatory approval and met the delivery conditions. Leichtmetall is a professional foundry located in Germany, which produces up to 30,000 tons of aluminum billets annually using renewable energy, and recycled aluminum accounts for about 80%. The acquisition by EGA will open up new businesses for it in Europe.
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