Thursday 10 July 2014

RMMI buys 24pc stake in Nalco's Indonesian smelter

Ras Al Khaimah Minerals & Metals Investments (RMMI) said it has signed an agreement with National Aluminum Company (Nalco), India’s key aluminium producer, to buy a 24 per cent equity stake in its upcoming aluminium smelter in Indonesia.


Rak Minerals acquires Armenian mine

Rak Minerals and Metals Investments (RMMI) on Wednesday announced the acquisition of Armenian mining firm TSCC Armenia, thus successfully expanding its footprint into Eastern Europe. The 100 per cent acquisition covers three mining comple

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