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Abu Dhabi's International Holding Company plans to invest $11.5-billion in an integrated aluminium project in India's Odisha state through a 50:50 joint venture with Adani Group, a State official said on July 2, 2026, marking India's largest foreign investment in the metals sector. The complex will include a refinery, smelter, captive power plant and downstream manufacturing park, with four-million tons a year of alumina capacity and two-million tons a year of aluminium capacity, creating an estimated 53 500 jobs.
Adnoc unit nears $1bn deal for Shell's South Africa fuel stationsAdnoc Distribution is nearing a deal worth about $1-billion to buy Shell's South Africa fuel stations, giving the Abu Dhabi firm control of 600 retail outlets, about 10% of the South African market, after Gunvor Group's talks collapsed.
NextSource advances Abu Dhabi anode facility, backed by Syrah graphite supplyNextSource Materials has approved a final investment decision for Phase 1 of its Abu Dhabi battery anode facility, with Syrah Resources signing a seven-year offtake deal to supply up to about 68 000 t of Balama graphite fines from June 2026.
Abu Dhabi Updates
Abu Dhabi's International Holding Company plans to invest $11.5-billion in an integrated aluminium project in India's eastern state of Odisha through a joint venture with Adani Group, a State...
Shell is nearing the sale of its fuel stations in South Africa to a unit of Abu Dhabi’s biggest oil company in a deal valued at about $1-billion, according to people familiar with the matter. Shell...
Zambia has extended the suspension of a 10% duty on copper concentrate exports to September 30, to help clear stockpiles of unprocessed material as the country's major smelters undergo extended...
The Southern African Vinyls Association (SAVA) hosted its 14th Annual General Meeting (AGM) on 21 May 2026, bringing together key stakeholders from across the PVC value chain to reflect on the past...
NextSource Materials has approved a final investment decision for Phase 1 of the proposed project.
TSX-listed NextSource Materials has approved a final investment decision for Phase 1 of its proposed battery anode facility (BAF) in Abu Dhabi, in the United Arab Emirates, marking a major...
Industrial metals have jumped to a record high on the London Metal Exchange (LME), driven gains in aluminum after the Middle East war disrupted supplies, as well as a recent revival in copper. The...
Nasdaq-listed special purpose acquisition company Fifth Era Acquisition Corporation (FERA) will soon merge with Abu Dhabi-based Miotal, which is a high-purity strategic metals supplier owned by SMT...
The chaos that Donald Trump’s administration has imposed on the global economy escalated sharply on February 28 as the US and Israel launched the Third Gulf War with a “war of choice” attack on...
Syrah Resources has signed a multiyear binding conditional offtake agreement with Canada’s NextSource Materials for the supply of natural graphite fines from its Balama operation.
Australian graphite producer Syrah Resources has signed a multi-year binding conditional offtake agreement with Canada’s NextSource Materials for the supply of natural graphite fines from its...
Schneider Electric, a global energy technology leader, today announced that the second edition of the Innovation Summit Middle East & Africa will be held in Abu Dhabi from April 28–29, 2026. The...
NextSource Materials has received the first shipment of equipment.
Emerging Canadian miner NextSource Materials has received the first shipment of equipment for its inaugural battery anode facility in Abu Dhabi. The equipment delivery marks a significant...
Battery metals developer NextSource Materials announced positive results of a technical and economic study on the construction of a proposed 30 000 t/y battery anode facility in September 2025.
Pretoria-based defence engineering company Centauri Technologies has announced that the counter uncrewed aerial system (C-UAS), more popularly known as an anti-drone system, that it has developed,...
The United Arab Emirates said on Saturday it will invest $1-billion to expand AI infrastructure and AI-enabled services across Africa, with the aim of helping countries meet national development...
Investment firm Orion Resource Partners on Thursday launched the Orion Critical Mineral Consortium (Orion CMC), a new platform aimed at strengthening US economic competitiveness and national...
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