Author: Drishya Yadav
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UAE: EGA finalises majority stake acquisition in Spectro Alloys
Emirates Global Aluminium (EGA), a UAE-based aluminium conglomerate, has acquired a majority stake (80%) in Spectro Alloys, a secondary foundry alloy producer in the US. EGA now has production capacities, from bauxite mining to aluminium recycling, on four continents. Notably, the US is already one of EGA’s largest global markets. In 2023, EGA sold approximately…