Reported about 11 hours ago
RTX Corporation has signed a Memorandum of Understanding with Tawazun Council and Emirates Global Aluminium (EGA) to establish gallium extraction and refining at EGA's facility in Abu Dhabi. This initiative aims to enhance the UAE's position as the second-largest gallium producer, crucial for multiple industries including electric vehicles and defense. The agreement is expected to secure gallium supplies for RTX and other corporations, reflecting RTX's growing presence in the UAE's defense and aerospace sectors.
Source: YAHOO