24 SEPTEMBER 2014AlCircle.com
Emirates Global Aluminium to open a $3 billion worth alumina refinery in Abu Dhabi
Edited by : AL CIRCLE
1 min read
The chief executive of state-owned Emirates Global Aluminium announced that they are planning to build an alumina refinery in Abu Dhabi and investing $3 billion for it.
Kalban told reporters that the feasibility studies reveal that by the end of 2017, the refinery will become operational. He stated that the prime intension behind building the refinery is to secure their own important materials adding that the refinery would be able to produce 4 million tonnes annually once it reaches full capacity.
The $15-billion worth Emirates Global Aluminium emerged after a merger last year between Abu Dhabi’s Emirates Aluminium (Emal) and Dubai Aluminium (Dubal) making it the fifth largest aluminium company in the world.
Kalban told reporters that the feasibility studies reveal that by the end of 2017, the refinery will become operational. He stated that the prime intension behind building the refinery is to secure their own important materials adding that the refinery would be able to produce 4 million tonnes annually once it reaches full capacity.
The $15-billion worth Emirates Global Aluminium emerged after a merger last year between Abu Dhabi’s Emirates Aluminium (Emal) and Dubai Aluminium (Dubal) making it the fifth largest aluminium company in the world.
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