DOHA: Speaking on the sidelines of the conference, QFMA Chief Executive Officer Nasser Ahmad Al Shaibi said that Qatar Aluminum Company (Qatalum) has applied for QSE listing and the Authority is in contact with the concerned authorities in order to finalise listing procedures, and a press conference is scheduled to announce all details on the subject.
Qatalum is an equal joint venture between Qatar Petroleum and Hydro Aluminium of Norway produces more than 610,000 tons of high-quality primary aluminium products per annum from twin 1.2km potlines.
Qatalum’s complex facilities include a carbon plant, port and storage facilities, as well as a captive power plant.
Qatalum’s state-of-the-art cast house products are value-added extrusion ingots and foundry alloys that meet the stringent quality standards of its global customer base. Used in a variety of industries including the automotive, construction, engineering and in the manufacturing of consumer goods, by the end of its journey, Qatalum’s aluminium reaches the entire global community.
Al Shaibi pointed out that the participation of the Authority in the World Investor Week organised by IOSCO is an extension of the Authority’s continuous efforts since its inception in order to raise investor awareness levels, particularly in this conference and its associated workshops, which address the priority of taking into consideration the interests of the investor, and the extent to which corporate governance and social responsibility reports and environment contribute to the sustainability of financial markets, the fragmentation of stocks, and the fight against money-laundering in financial markets.
