Hulamin buys rolling slab operation at Isizinda joint venture
Aluminium supplier has paid R65m in cash to secure the rolling slab operations at the Bayside Smelter, part of its joint venture with Bingelela
03 April 2020 - 09:17
Aluminium supplier Hulamin, whose customers include Tesla, has bought the rolling slab assets of its Isizinda joint venture for R68.5m to secure production at the Bayside facility in KwaZulu-Natal.
Hulamin, via a subsidiary, holds 38.74% in Isizinda Aluminium, with the bulk of the remaining shares being held by Bingelela Capital...
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