UAE Business: EGA and Inalum sign MoU towards tech licencing – Gulf Digital News

UAE Business: EGA and Inalum sign MoU towards tech licencing – Gulf Digital News

Emirates Global Aluminium (EGA) and PT Indonesia Asahan Aluminium (Inalum), have signed an agreement towards licencing of EGA’s smelting technology for a brownfield aluminium smelter expansion in Indonesia.

Husin Bagis, Ambassador of the Republic of Indonesia to the UAE, Saeed Mohammed Al Tayer, EGA Vice Chairman, and Musabbeh Al Kaabi, EGA Board member witnessed the signing of the memorandum of understanding (MoU) at the Indonesia pavilion at Expo 2020 Dubai.

The agreement was signed by EGA’s Chief Executive Officer Abdulnasser Bin Kalban and Inalum’s President Director Hendi Prio Santoso.

Under the agreement, EGA and Inalum will engage in a feasibility study of the use of EGA’s technology in a planned, up to 400,000 tonnes per year expansion of Inalum’s Kuala Tanjung smelter in North Sumatra.

EGA will also explore the potential to invest in the expansion and off-take metal, should it be developed with renewable energy. The existing aluminium smelter at Kuala Tanjung uses electricity generated with hydropower. The companies will also explore further cooperation opportunities throughout the aluminium value chain.

EGA and Inalum are already working together on the potential upgrade using EGA technological know-how of the existing aluminium smelter at Kuala Tanjung, under an agreement signed in 2020. The project aims to boost