Industry News

Hyundai Motor & Adaro sign aluminum supply agreement

Views : 188
Update time : 2022-11-14 18:13:00
On November 13, South Korea’s Hyundai Motor Company and Indonesia’s PT Adaro Minerals Indonesia Tbk signed a Memorandum of Understanding (MoU) on the production and supply of aluminum, securing a stable supply amid the growing demand for aluminum in the automobile manufacturing industry.

Under the agreement, Hyundai Motor will purchase aluminum produced by Adaro and closely cooperate in aluminum specifications and manufacturing processes. Adaro will support Hyundai Motor with its aluminum supply and will consider providing low-carbon aluminum to the automotive company in particular.
Related News
Read More >>
South Africa launches critical minerals strategy, opens new mining law for public comment South Africa launches critical minerals strategy, opens new mining law for public comment
May .22.2025
South Africa launches critical minerals strategy, opens new mining law for public comment
China's iron ore production declines in Jan-Apr China's iron ore production declines in Jan-Apr
May .22.2025
China's iron ore production declines in Jan-Apr
US’ steel coil exports go up in Mar US’ steel coil exports go up in Mar
May .22.2025
US’ steel coil exports go up in Mar
US increases CRC imports in Mar US increases CRC imports in Mar
May .22.2025
US increases CRC imports in Mar