Page 51 - DUBAL HOLDING PR REPORT - FEBRUARY 2024
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2/23/24, 11:39 AM PRESSR: DUBAL Holding announces promising results of 2023 at Annual General Meeting — TradingView News
well as by signing an offtake agreement for the sale of titanium slag and a
feedstock supply agreement to obtain the necessary raw material, ilmenite ore.
The project is expected to energize first furnace by the March 2025, marking a
significant milestone in the company’s growth path.
The acquisition of Thermalex in 2023 made it a particularly noteworthy year for
us. Our expansion project at OSE further increased our capacity to meet the
specific needs w.r.t precision extrusions for both new and existing EV Battery
Cooling, Automotive HVAC and other industrial clients. We also increased our
ownership position in OSE in order to focus on both domestic and international
acquisitions, and help the company achieve its larger goal of ranking among the
top two players globally."
https://www.tradingview.com/news/reuters.com,2024-02-22:newsml_Zaw3d1lK5:0-pressr-dubal-holding-announces-promising-results-of-2023-at-annu… 3/3
