The US Department of Justice has urged a court to dismiss Oklahoma Attorney General Gentner Drummond’s lawsuit filed on the proposed USD 4 billion Oklahoma aluminium smelter, arguing that the project would strengthen national and economic security. The move comes as the joint venture of Emirates...
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...
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The Economic Development Department of Abu Dhabi is rolling-out a basic industries project focused on making the emirate “self-sufficient in the production of basic and consumer commodities". The project, being undertaken by the department’s Industrial Development Bureau, will look to strengthen...
Emirates Global Aluminium, on July 8, has announced the achievement of nameplate capacity at its new Al Taweelah alumina refinery for June, a major milestone achieved just 14 months after the production began at the refinery in April 2019. This marks a world-class performance because usually the...
Guinea Alumina Corporation, a wholly owned subsidiary of Emirates Global Aluminium (EGA), provides humanitarian and economic support to local communities in Guinea in their fight against COVID-19, Emirates Global Aluminium said in its press release. The company provides medical equipment to the...
Emirates Global Aluminium launched a Vital Industry COVID-19 Task Force with members including Bee’ah, DP World and Masdar to share best practices on the management of the global pandemic. The Task Force was launched via video conference with all participating executives. The founding members are...
Emirates Global Aluminium, the world’s largest premium aluminium producer, has revealed its financial and operational reports of 2019, where it has mentioned that its revenue totalled at AED 20.5 billion ($5.6 billion) during the year. In 2018, EGA’s revenue was AED 23.5 billion ($6.4 billion),...
In the annual general meeting of DUBAL Holding LLC, on Wednesday, March 25, H.H. Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, praised the company’s good operational performance during 2019. He also mentioned Dubal’s 50 per cent subsidiary firm EGA and its...
The Dubal Holding Company has been in concern for setting up multiple projects in the UAE; a low carbon aluminium plant is at high priority as communicated by the CEO of Dubal Holding today. The Dubai government’s investment arm for power and energy, commodities, mining and industrial projects is...
Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, on 18 th March’20 marked Global Recycling Day and announced that the company’s recycling of industrial waste increased by more than a third last year to almost 140,000 tonnes, whilst...
The largest industrial company in the United Arab Emirates outside oil and gas, Emirates Global Aluminium, has signed a fresh three-year contract with Vinacomin, a Vietnamese state-owned firm, extending the supply of Vietnamese alumina to the UAE until 2023. As per the new agreement, EGA will...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, on 8 th February’20 made public that a giant gas turbine, the biggest in the UAE, has been moved by road from DP World’s Jebel Ali port and installed at EGA’s Jebel Ali site in a...
Guinea Alumina Corporation has been honoured with the Project Finance International’s prestigious global “Multilateral Deal of the Year” award for its ground-breaking project financing. The news came after EGA officially announced the receipt of the award by both EGA and GAC’s Management at PFI’s...
Emirates Global Aluminium is the world’s largest ‘premium aluminium’ producer and the biggest industrial company in the UAE outside oil and gas. EGA operates aluminium smelters in Abu Dhabi and Dubai, an alumina refinery in Abu Dhabi, and a bauxite mine and associated export facilities in the...
Emirates Global Aluminium, the UAE’s largest industrial company outside oil and gas, announced on Monday, February 3, that it secured a revolving credit facility worth $600 million, with a syndicate of UAE and international banks. The credit facility, priced at a competitive margin, is committed...
On 2 nd February’20 the largest industrial company in the United Arab Emirates outside oil and gas, Emirates Global Aluminium (EGA), apprehended more than 100 staffs who contributed to the success of the company’s historical export of UAE-developed industrial technology to Aluminium Bahrain (ALBA)...
AlCircle’s “Aluminium Industry Recap 2019” brings to you an opportunity to look back at the key developments in the year gone by. Although the year 2019 was an aftermath of trade wars, restrictive tariffs, sanctions, capacity cuts and price volatility that impacted the entire aluminium value chain,...
The five primary aluminium producers in the GCC region produced a total of 5,771,854 tonnes of primary aluminium in 2019, according to Gulf Aluminium Council. That was up 6.72% or 363,600 tonnes year-on-year. The high-quality aluminium was shipped to the local as well as the international market....
Guinea’s bauxite-aluminum industry is undergoing a significant expansion of investment, concession agreements, and in-country mining and refining operations. Emirates Global Aluminium's Guinea Alumina Corporation (GAC) project is likely to boost the industry further, being one of the largest...
Emirates Global Aluminium and PT Indonesia Asahan Aluminium (INALUM) have signed a Memorandum of Understanding (MoU) for licensing the UAE-developed EGA technology to INALUM, upgrading an existing INALUM smelter, and developing a new aluminium smelter in Indonesia. The MoU was signed by Abdulla...
