New contracts...Apart from the Eli Lilly phase 1 and 2, DRX was chosen to build the strucrure
of the Novelis aluminium mill in Alabama.
Here is the detail of that project.
P.S. i couldn't care less that the stock is down today.It acting like i predicted.
We need to see the stock to get in new hands before the next leg up.
DRX is acting normally.Every stocks that goes up like DRX need some breathing period.
- Atlanta-based Novelis is currently constructing a $2.5 billion aluminum mill in Baldwin County, Alabama. This facility is significant because it’s the first of its kind to be built in the U.S. in 40 years. Crews are engaged in earthwork, excavation, and piling at the site within the 3,000-acre South Alabama Mega Site in Bay Minette. Over the next three months, Novelis will construct two new roadways on the site and expand the utility infrastructure necessary to begin building construction. The facility, which will employ 1,000 people at full production, is scheduled for commissioning in mid-2025.