South Africa's State-owned Industrial Development Corporation (IDC) said yesterday that it would take a 15% stake in the planned 660 000-t aluminium smelter at Coega, in the Eastern Cape.
CANADIAN aluminium and packaging group Alcan will make its decision on whether to go ahead with building a $2,5bn smelter at the Coega industrial development zone in Eastern Cape in October, said Industrial Development Corporation (IDC) CEO Geoffrey Qhena yesterday.

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