EGA Wins Green Industry Label From Abu Dhabi Government For Al Taweelah Aluminium Smelter
Emirates Global Aluminium PJSC (EGA) announced this week the reception of an honorary “Green Industries” label from Environment Agency –...
Emirates Global Aluminium
Emirates Global Aluminium Post Net Profit Of US$1.6 Billion In 2022’s First Half
Emirates Global Aluminium PJSC (EGA) released results for the first half of 2022 this week. Numbers were up across the board due to both an improvement in operational performance and a global economic recovery from the depths of the COVID-19 recession. In...
Emirates Global Aluminium Partners With “K” Line On Decarbonization
Emirates Global Aluminium PJSC (EGA) and Kawasaki Kisen Kaisha (“K” Line Group) announced this week a collaboration to work towards...
EGA To Install 14 New Highly Automated Cranes At Jebel Ali Aluminium Smelter
Emirates Global Aluminium PJSC (EGA) announced this week that it plans to move closer to full automation at its Jebel...
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EGA To Install 14 New Highly Automated Cranes At Jebel Ali Aluminium Smelter
Emirates Global Aluminium PJSC (EGA) announced this week that it plans to move closer to full automation at its Jebel Ali plant with the addition of over a dozen new automated overhead cranes. The firm says it will replace 16 of the cranes currently onsite with 14 new overhead cranes that feature auto positioning and […]
EGA Plans Solar-Powered Silicon Metal Production Unit For UAE
Emirates Global Aluminium PJSC (EGA) announced on Friday a new project to manufacture silicon metal domestically in the United Arab Emirates in order to assure a constant supply for use in producing premium grades of aluminium alloy. At present, the UAE imports the entirety of silicon it uses in industry, and EGA is the country’s […]
EGA Inks Deal With GE For Improvements To Gas Turbines At Al Taweela Aluminium Smelter
Emirates Global Aluminium PJSC (EGA) has signed an agreement with GE Gas Power (GE) to make improvements on four of its GE9F gas turbines at its Al Taweela power plant. EGA says the improvements will help cut its greenhouse gas emissions even further, bringing it that much closer to its plan to be a net-zero […]
EGA Boosts Amperage To 500kA At Al Taweelah Aluminium Smelter
Emirates Global Aluminium PJSC (EGA) announced last week that it has started operations at its DX+ Ultra reduction cells at an amperage of 500kA, the highest amperage reached by alumininium smelters in the Middle East to date. Boosting the amperage to 500kA is expected to correspondingly increase production by five percent above its maximum nameplate […]
Emirates Global Aluminium Agrees To US$137.5 MM Credit Facility Tied To Term SOFR
Emirates Global Aluminium PJSC (EGA) announced this week that it has entered into a new US$137.5 million revolving credit facility that is tied to the new Term Secured Overnight Funding Rate (SOFR). Per the firm, SOFR is an emerging replacement for the long-standard US dollar London Interbank Offering Rate. Though long accepted as the gold […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
