Dubal Aluminum To Invest $4B In New Smelter

Dubal Aluminum will invest $4 billion to develop an aluminum smelter in the Gulf, the Dubai-based daily Al Bayan reported.

Dubal CEO Abdullah Kalban said his company is negotiating with more than one party the setting up of the new smelter, the paper said.

However, Kalban did not disclose the location of the new aluminum smelter.