UAE’s EGA & Alcoa sign 8-year smelter-grade alumina supply agreement

  • Date: 16-May-2023
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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UAE’s EGA & Alcoa sign 8-year smelter-grade alumina supply agreement

Emirates Global Aluminum (EGA) and Alcoa, the Pittsburgh-based world’s eighth-largest producer of aluminum, have signed a new multi-year agreement for Alcoa to supply EGA with smelter-grade alumina.

Over the 8-year agreement, which commences in 2024, volume options will allow EGA to procure as much as 15.6 million metric tons of alumina from Western Australia. The supply agreement will represent a significant portion of Alcoa’s annual third-party alumina sales.

The supply agreement will make Alcoa EGA’s largest third-party supplier of alumina. EGA’s Al Taweelah alumina refinery in Abu Dhabi met 47 percent of EGA’s total alumina needs in 2022.

Abdulnasser bin Kalban

CEO – EGA “Most of our alumina needs into the next decade are now secured by our own production and a long-term supplier in Alcoa that is aligned with our sustainability goals. This agreement will further strengthen EGA’s platform for future growth.”

“Alcoa operates the world’s largest third-party alumina business with low-carbon processes, and we’re proud to be recognized with this significant additional volume from EGA as a leading global producer. The agreement is the largest alumina supply contract ever signed between Alcoa and EGA, and it is one of the largest in the industry and will strengthen the long-term supply relationship between our