Arab Today, arab today emirates global aluminium to spend 5bn boosting capacity
Last Updated : GMT 04:19:32
Arab Today, arab today
Arab Today, arab today

Emirates Global Aluminium to spend $5bn boosting capacity

Arab Today, arab today

Arab Today, arab today Emirates Global Aluminium to spend $5bn boosting capacity

Emirates Global Aluminium
Dubai - WAM

State-owned Emirates Global Aluminium (EGA) is spending US$5.2 billion to boost capacity at its smelter in Dubai and build an alumina refinery in Abu Dhabi, a company executive said yesterday.

EGA, the world's fifth-largest aluminium producer, was formed last year with the merger of Abu Dhabi's Emirates Aluminium (Emal) and Dubai Aluminium (Dubal).

EGA is adding about 40,000 tonnes per annum to the 1 million tonnes per annum smelter at Dubal due for start-up in 2017 and it is building a 2.2 million tonnes per annum alumina refinery in Al Taweelah in Abu Dhabi set for start-up in the first quarter of 2018, said s Abdulrahman, EGA's vice president, Emal Phase II and major projects.

"To secure the raw material the decision was from the management that we need to have our own refinery to support and produce alumina for ourselves,” he said.

EGA, which reached a capacity of 2.4 million tonnes per annum last year, would like to become the fourth-largest aluminium producer in the next two to three years, he added.

"Today we are running at the fifth position of producing aluminium. Between us and the fourth one is 200,000 [tonnes per annum]. We are trying our best to catch that position in the next two to three years,” said Mr. Abdulrahman.

Aluminium is being increasingly used by car makers, who are favouring the metal in aspects of production over steel because of its lightness, which boosts vehicle fuel efficiency.

EGA, which also owns the bauxite producer Guinea Alumina Corp in Guinea, is also on track to start exporting 12 million tonnes per annum of bauxite mainly to the Al Taweelah alumina refinery in the first quarter of 2018.

In phase two of the Guinea project, EGA plans to build an alumina refinery in the African country to produce 2 million tonnes per annum by 2020, he added.

EGA is a joint venture between the Abu Dhabi sovereign wealth fund Mubadala Development and the Dubai sovereign wealth fund Investment Corporation of Dubai.

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today emirates global aluminium to spend 5bn boosting capacity Arab Today, arab today emirates global aluminium to spend 5bn boosting capacity

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today emirates global aluminium to spend 5bn boosting capacity Arab Today, arab today emirates global aluminium to spend 5bn boosting capacity

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Airbus CEO says won't cling to job

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today 'Final phase' of battle for Raqa

GMT 03:47 2017 Monday ,16 October

'Final phase' of battle for Raqa
Arab Today, arab today Iran's Facebook shuts down

GMT 23:50 2017 Monday ,16 October

Iran's Facebook shuts down
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Norway seeks 'Tesla tax' on electric cars

GMT 08:17 2017 Friday ,13 October

Norway seeks 'Tesla tax' on electric cars
Arab Today, arab today Safaa Sultan happy for “Love School”

GMT 10:55 2017 Thursday ,12 October

Safaa Sultan happy for “Love School”
Arab Today, arab today Conservation cutbacks put Brazil's

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:19 2017 Wednesday ,11 October

Bosy reveals behind her participation in festival

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 10:20 2017 Thursday ,12 October

Chad extends key conservation area

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:25 2017 Saturday ,14 October

Squeeze on UK health gives advanced

GMT 07:16 2017 Friday ,13 October

Lufthansa to swallow lion's share

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday