The Egyptian Company for Metal Constructions (Metalco) is planning to build an aluminum smelter with around US$2.7 billion in order to meet domestic and overseas demand. The project was scheduled to have an annual production capacity of 600,000 tons.
Metalco is currently having talks with a potential partner. Two possible locations for this project under evaluation are the North Port Said area and the Golden Triangle Special Economic Zone.
Egypt’s Metalco considering setting up aluminum smelter with $2.7 billion
12 May 2023 11:24 reported by Joy Liu
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