Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further...
Oklahoma Primary Aluminum has outlined the environmental controls planned for its proposed aluminium smelter at the Tulsa Port of Inola, a project that could add up to 750,000 tonnes of annual primary aluminium capacity in the United States. The proposed facility is expected to create at least...
Grow with
AL Circle
On 15 th December 2021, Mubadala Investment Company backed Emirates Global Aluminium (EGA) publicized that Chief Commercial Officer and architect of the marketing strategy that made EGA the biggest ‘premium aluminium’ producer in the world, Walid Al Attar is to step down after 37 years of service...
The leader in global aluminium production and also one of the largest companies in the UAE, Emirates Global Aluminium has inked a three-year agreement with China’s Bosai Minerals Group for the supply of bauxite from the West African nation, Guinea. The agreement states that EGA will supply Bosai...
On 6 th December 2021, Guinea Alumina Corporation, the wholly-owned subsidiary of Emirates Global Aluminium (EGA) publicized that it has awarded a crucial mining contract to a Guinean firm GPC, as the metallurgical-grade bauxite export company aspires to expand its contribution to the economy of...
The three-day virtual ICSOBA conference took place on 22, 23 and 24 November 2021. The conference covered bauxite, alumina, bauxite residue, carbon for aluminium electrolysis, aluminium production, and aluminium recycling in a variety of technical sessions. The program included 10 high-calibre...
According to a recent report, Emirates Global Aluminium has signed an official contract with General Electric Co. (GE) to reduce greenhouse gas emissions at its plants in the United Arab Emirates. The companies will reportedly chalk out a plan to cut emissions from GE’s natural gas turbines by...
Emirates Global Aluminium has joined the Ministry of Industry & Advanced Technology’s (MoIAT) in-country value (ICV) programme as the leader in global aluminium production moves towards its goal of doubling economic impact by 2040. The event was organised in the presence of Dr Sultan bin Ahmed Al...
The CEO of Emirates Global Aluminum (EGA), Abdulnasser Bin Kalban stated that the demand for aluminium products have started to upsurge by the end of 2020, whereas, low-carbon aluminium is encountering a shortfall in supply. During Global Manufacturing and Industrialisation Summit (GMIS) in Dubai,...
Emirates Global Aluminium (EGA), one of the largest companies in the UAE, has accomplished the expansion of Al Taweelah smelter in Abu Dhabi to enhance production capacity at the facility by 78,000 tonnes per year. Abdulnasser bin Kalban, CEO of EGA said: “The completion of this expansion project...
The world's leading diversified natural resource company, Vedanta with its headquarters in Mumbai is desirous to explore business augmentation opportunities in the Middle East region, comprising establishing a regional base in the UAE or Saudi Arabia. Vedanta is a leading producer of Aluminium &...
Emirates Global Aluminium in UAE, the top primary aluminium producer in GCC and a leading aluminium producer globally, has announced the accomplishment of its power plant, which will remarkably enhance environmental performance at EGA in Jebel Ali. The first in the UAE and the global aluminium...
Walid Al Attar, Chief Commercial Officer of Emirates Global Aluminium, has reportedly received a prestigious award titled “World’s Top Aluminium Executive 2020-21” at an annual global industry summit in Chicago. The award recognises outstanding long-term contributions to the global aluminium...
The week remained heavily prosperous for the primary segment of the global aluminium industry. The global rise of the aluminium price has climbed to a 10 year’s high, due to the limited production in China. The Indian primary aluminium producers have delivered a notable performance in the Q1 of...
The Emirati state-owned holding company, Mubadala Investment that can be characterized as a sovereign wealth fund is expected to select three top US banks as lead underwriters for a prospective IPO of Emirates Global Aluminium (EGA), as reported by the industry professionals. Mubadala Investment,...
Emirates Global Aluminium reported strong half-year financial performance ever. The company’s profit stood at AED 1.74 billion ($473 million in the first half of 2021. Adjusted EBITDA came in at AED 3.49 billion ($950 million), an increase of 111 per cent year-on-year. “Some 86 per cent of the...
This week brought us a plethora of news from the global primary aluminium industry right from world primary aluminium production to Emirates Global Aluminium’s target of floating an IPO in 2022. According to a report on Monday based on the International Aluminium Institute’s data, world primary...
The leader in global aluminium production, as well as one of the largest companies in the UAE, Emirates Global Aluminium (EGA) is considering a prospective IPO in 2022, as reported by industry sources, which could be one of the substantial share sales in the United Arab Emirates lately. Equally...
Emirates Global Aluminium (EGA) has reportedly aimed at increasing the proportion of women in supervisory positions at the company in the UAE to 25 per cent by 2025. At present, the company has 18 per cent of women in supervisory positions, working at all levels in operations and corporate...
The global primary aluminium segment remained in the highlights for the complete week, with the largest primary aluminium producer in GCC, Emirates Global Aluminium (EGA), which also ranks among the five top aluminium producers in the world, has refinanced $ 5.5 billion corporate debt to further...
