Xallas Electricidad y Aleaciones is Ferroatlántica's new name.

Xallas Electricidad y Aleaciones, SAU, XEAL, is the new name of Ferroatlántica. The launch of the new brand is a boost to consolidate a long-term project initiated in August 2019, when the company became independent following the acquisition by TPG Sixth Street Partners of 100% of the share capital.

The launching of XEAL took place during the first edition of the company's Internal Communication Conference, held yesterday and today, in which the project was presented to the 272 workers and the actions that will be carried out to consolidate the company as a reference in A Costa da Morte were detailed. Within this framework, XEAL has emphasized its four strategic axes: maximum commitment to safety in the performance of the activity of its workers, exquisite compliance with environmental regulations, preventive culture in the maintenance of assets in the long term and being more efficient and effective to compete.

 XEAL's executive director, Alejandro Seco, stated that "the launch of our new name and our new brand is a milestone in consolidating our project for the future. It is a name that recognizes and reflects the company's commitment to the region we operate in".