Aluminium giant Alcan's chief executive said this week he has not spoken with a Russian investor who is reportedly interested in the Coega aluminium smelter

BHP Billiton set to take the gloves off in defence of its home turf

CANADIAN aluminium and packaging group Alcan plans to give an update of its feasibility study next month on whether it will construct an aluminium smelter at the Coega Industrial Development Zone near Port Elizabeth.

The Coega Development Corporation has signalled its confidence that tenants will soon be signing leases and buying land in the Coega Industrial Development Zone (IDZ)

VETERAN deal maker Brian Gilbertson emerged at the weekend as a potential white knight to save the $2,2bn Coega aluminium smelter project.

The Coega Development Corporation is signalling its confidence in the industrial development zone by putting out to tender a contract, valued about R70m, to build its new home in a four-storey office block

SA cement sales rose by 12.1% year-on-year to 862,252 tons in February, ending two months of slowing year-on-year increases

THE Coega Development Corporation had begun developing the second phase of the industrial development zone four years ahead of schedule to meet the demand for land, Coega spokeswoman Vuyelwa Qinga-Vika said yesterday.

Johannesburg - The industrial development zone (IDZ) at Richards Bay could acquire an operating licence by June this year, it emerged yesterday.

Johannesburg - The withdrawal of the R2.2 billion tax break given to French aluminium firm Pechiney implied that the allowance would be available for other companies interested in undertaking large capital investments in the country, a senior tax adviser with a major accounting firm said yesterday.