Maan Aluminium Limited — Important, 27-11-2024: Commencement of commercial production/operations

The trial run of a new 30 MN short stroke back loading press and complete handling system has commenced, enhancing Maan Aluminium's production capabilities. This addition positions the company to serve both domestic and global markets more effectively. The new extrusion line will enable the production of wider profiles, specifically 300 mm, and expand the ability to extrude various alloy series, ranging from 1xxx to 7xxx. Furthermore, the annual production capacity is set to double, increasing from 12,000 MT to 24,000 MT. This development reflects a positive outlook for Maan Aluminium, potentially driving growth in market share and revenue.