whatsapp

EGA’s $4 Billion US Aluminium Plant Set to Nearly Double Domestic Output

  • 0
  • 87
/media/GA_1_jJXroCB.webp © Image Copyrights Title

Emirates Global Aluminium (EGA) is making a bold move into the U.S. industrial landscape with plans to build the country's first primary aluminium production facility since 1980. The UAE-based industrial giant expects to invest around $4 billion in the new plant, to be located in Oklahoma, in what will be its largest single project since its 2014 merger.

In an exclusive interview, Abdulnasser Bin Kalban, CEO of EGA, confirmed that the new plant is designed to help address the significant unmet demand for domestically produced aluminium in the United States. Currently, the U.S. imports about 85% of its aluminium needs, making it heavily reliant on foreign supply.

“Our Oklahoma project will nearly double current US production of primary aluminium,” said Bin Kalban.

This move comes amid the U.S. administration’s 25% import tariffs on aluminium, making local production more attractive. President Donald Trump has publicly supported the EGA project, calling it a key initiative in reviving America’s aluminium industry.

Strategic Expansion in the U.S. Market

EGA already has a foothold in the U.S. through its 2024 acquisition of Spectro Alloys, an aluminium recycling firm in Minnesota. That facility currently produces 110,000 tonnes of aluminium ingots annually and is being expanded to add 55,000 tonnes of billet capacity.

However, Bin Kalban noted that recycling operations rely on scrap, while primary aluminium production requires bauxite and alumina. To secure supply for the Oklahoma plant, EGA is expanding its upstream resources in Guinea, Australia, Cameroon, Ghana, and Brazil.

A Diversified Global Strategy

The U.S. is EGA’s largest single country market, accounting for about 20% of global sales, though its customer base spans over 50 countries. EGA is already the No. 1 supplier of premium aluminium to the U.S., delivering high-specification metal for industries including automotive, construction, and aerospace.

Investment Highlights

  • The $4 billion Oklahoma plant is EGA’s biggest investment since its formation, surpassing earlier projects such as the Al Taweelah alumina refinery and the Guinea bauxite mine.

  • EGA America Inc., the company’s U.S. distribution arm based in St. Louis, Missouri, will continue to serve North American clients.

Reviving U.S. Aluminium Manufacturing

U.S. aluminium production has dropped significantly over the past five decades. Today, less than 700,000 tonnes of primary aluminium is produced annually across a handful of plants. In contrast, EGA’s Jebel Ali facility in the UAE alone exceeds this output.

EGA’s Oklahoma project, when operational, aims to nearly double U.S. production, enhancing supply security and supporting domestic industries while aligning with America’s evolving trade and industrial strategies.

Related Posts
© Dubai Gold Rate Drops – Will Eid Al Adha Spark a Buying Spree?

Dubai Gold Rate Drops – Will Eid Al Adha Spark a Buying Spree?

The Dubai gold rate has dipped below Dh370 a gram, bringing a sense of relief to shoppers after prices edged close to Dh380 just a day earlier. As the Eid Al Adha holiday approaches, local retailers a...

  • 98
© Adnoc Suppliers to Invest Dh3 Billion in UAE, Creating 3,500 Private Sector Jobs

Adnoc Suppliers to Invest Dh3 Billion in UAE, Creating 3,500 Private Sector Jobs

Suppliers to the Abu Dhabi National Oil Company (Adnoc) are set to invest Dh3 billion ($817 million) in new and expanded manufacturing facilities across the UAE, as part of a major drive to boost loca...

  • 96
© Borouge and Mubadala Bio Join Forces to Strengthen UAE’s Healthcare Manufacturing Sector

Borouge and Mubadala Bio Join Forces to Strengthen UAE’s Healthcare Manufacturing Sector

In a significant step toward boosting local healthcare capabilities, petrochemicals giant Borouge has signed a strategic agreement with Mubadala Bio to support the production of UAE-made medical-grade...

  • 111
© Adnoc Signs Dh6 Billion Local Supply Deals to Boost UAE Manufacturing and Create 1,300 Jobs

Adnoc Signs Dh6 Billion Local Supply Deals to Boost UAE Manufacturing and Create 1,300 Jobs

The Abu Dhabi National Oil Company (Adnoc) has inked AED 6 billion ($1.64 billion) worth of strategic agreements with 12 UAE-based manufacturers to locally produce critical industrial components, incl...

  • 98
© Honor 400 Series Launches in UAE with AI Power, Competitive Prices, and Market Expansion Plans

Honor 400 Series Launches in UAE with AI Power, Competitive Prices, and Market Expansion Plans

Honor has officially launched its highly anticipated Honor 400 and Honor 400 Pro smartphones in the UAE, marking its first major release of 2025 in the region. The launch event, held on Wednesday, fea...

  • 108
© As Gold Takes a Breather, Platinum Shines with Fresh Investor Attention in the UAE

As Gold Takes a Breather, Platinum Shines with Fresh Investor Attention in the UAE

As gold prices ease after a strong multi-year rally, investors and jewellery buyers in the UAE are turning their attention to platinum – a rare and often overlooked metal that’s now showing signs of r...

  • 106
© Dubai Financial Market Hits 11-Year High Amid Investor Optimism and Mega IPO Momentum

Dubai Financial Market Hits 11-Year High Amid Investor Optimism and Mega IPO Momentum

The Dubai Financial Market (DFM) has broken an 11-year record, surging to 5,438 points this week following a 6% year-to-date gain, marking its highest level since April 2014. The rally underscores ren...

  • 101
© Abu Dhabi launches strict fines to curb residential overcrowding

Abu Dhabi launches strict fines to curb residential overcrowding

Abu Dhabi authorities are intensifying their efforts to eliminate residential overcrowding, with penalties reaching up to Dh1 million for serious violations. This move is part of the Department of Mun...

  • 95
© Abu Dhabi makes bold tourism push with concerts, sports, and Disney magic

Abu Dhabi makes bold tourism push with concerts, sports, and Disney magic

Abu Dhabi is taking major steps to position itself as one of the world’s leading tourism destinations. From large-scale concerts and sporting events to a newly announced Disney theme park, the emirate...

  • 116
© Oil prices surge as tensions rise over potential Israeli strike on Iran

Oil prices surge as tensions rise over potential Israeli strike on Iran

Oil prices spiked sharply on Wednesday following a report suggesting that Israel may be preparing for a military strike against Iranian nuclear sites. The report, aired by CNN and citing unnamed US in...

  • 83
Commnets 0
Leave A Comment