UAE-based Taweelah Aluminium Extrusion Company (TALEX), has announced its expansion into the Australian market with Melbourne the first city selected in its international expansion.

The company’s starting investment is AU$500,000, which will grow to $40 million over eight years.

TALEX believes the expansion offers “substantial opportunity” to promote the company’s exclusive hard alloys, which are suitable for sophisticated engineering applications and supply the market directly via its soon-to-be established local warehouses and distribution network.

The expansion will also allow TALEX to invest in key local industries, including major building systems suppliers for residential projects, big fabricators, wholesalers and engineering application sectors.