Emirates Global Aluminium, the UAE’s largest industrial company outside the energy sector and the world’s biggest premium aluminum producer, has expanded its solar-powered aluminum supply agreement with Hyundai Mobis, South Korea’s automotive parts manufacturer. The expanded contract will nearly double annual deliveries of CelestiAL solar aluminum from 8,000 tonnes this year to 15,000 tonnes by...
READ MOREHyundai Mobis has announced a $42.3 million (KRW 62 billion) deal with Emirates Global Aluminum (EGA) to secure a 15-kiloton supply of low-carbon aluminum to reduce carbon emissions in manufacturing. The South Korean auto parts manufacturer plans to use the material for lightweight mobility solutions, incorporating it into key automobile components like chassis. The exact...
READ MOREOn December 17, 2023, Hyundai Mobis, the automotive parts arm of Hyundai Motor Group, announced its readiness to commercialize a cutting-edge battery cell cooling material. This innovation, known as the “Pulsating Heat Pipe,” aims to improve both the charging efficiency and safety of electric vehicles (EVs). The Pulsating Heat Pipe system is constructed from aluminium...
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