Emirates Steel Arkan Q1 net more than doubles to $41.45mln
UAE – Emirates Steel Arkan, the largest publicly traded steel and building materials company in the UAE, has seen its first-quarter (Q1) net profit shoot up 110% to AED152.2 million ($41.45 million). This is compared to a net profit of AED72.6 million in the first three months of 2022. The strong performance in Q1 2023 […]
EGA joins Australia-based research centre to collaborate on decarbonisation of alumina refining
Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, has joined Australian research centre HILT CRC to support study into the decarbonisation of alumina refining. HILT CRC (Heavy Industry Low-carbon Transition Cooperative Research Centre) is working on technological breakthroughs in the decarbonisation of the steel, iron, alumina and cement industries. […]
Emirates Global Aluminium to produce silicon metal in UAE
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside oil and gas, has announced that the company is to develop a project to manufacture silicon metal in the UAE, securing supplies of a key raw material for ‘premium aluminium’. This will unlock the potential new industries in the UAE in line […]
EGA site recertified to Aluminium Stewardship Initiative
Emirates Global Aluminium (EGA), the largest industrial company in the UAE outside of oil and gas, today announced that its Al Taweelah site has been recertified to the Aluminium Stewardship Initiative’s Performance Standard for its sustainability performance. The Aluminium Stewardship Initiative brings together metals and mining companies, end-users of aluminium such as Apple and Nespresso, […]
Dubal Holding, Nature Alu to set up UAE’s first HPA facility
Dubal Holding, the investment arm of the Dubai Government, has teamed up with Nature Alu (NA), the only North-American maker of high-purity aluminium, to set up the UAE’s first high purity aluminium (HPA) facility. The project will focus on the production of aluminium from grade 4N and above. A Memorandum of Understanding (MoU) was signed […]