Under this MoU, both Aluminium producers will seek avenues of cooperation to creep production at Alba’s Potline 6 beyond its name-plate design capacity
Aluminium Bahrain B.S.C. (Alba), the largest smelter in the world ex-China, signed a Memorandum of Understanding (MoU) with Emirates Global Aluminium (EGA) today Thursday 31 March 2022 to explore opportunities to further increase its throughput.
Alba’s Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa and EGA Vice Chairman His Excellency Saeed Mohammed Al Tayer witnessed the signing ceremony of the agreement at Expo 2020 Dubai in the presence of EGA Board member Musabbeh Al Kaabi, Alba’s Chief Executive Officer Ali Al Baqali, EGA Chief Executive Officer Abdulnasser Bin Kalban, Alba’s Chief Supply Officer Waleed Tamimi, Alba’s Chief Operations Officer Dr. Abdulla Habib and EGA’s Executive Vice President Midstream Sergey Akhmetov.
Under this MoU, both Aluminium producers will seek avenues of cooperation to creep production at Alba’s Potline 6 beyond its name-plate design capacity as well as explore using EGA technology and know-how in future expansions at Alba smelter.
Alba’s Chairman of the Board Shaikh Daij bin Salman bin Daij Al Khalifa said:
“This MoU cements our technology partnership with EGA, our partner of choice. We are pleased with the performance of EGA’s DX+ Ultra technology at Potline 6 and keen to work with EGA to further improve our Potline performance. We are also excited to explore other opportunities to deploy EGA technological expertise at our smelter for the potential brownfield expansion of Potline 7, in another close cooperation between our two nations – the Kingdom of Bahrain and United Arab Emirates.”
His Excellency Saeed Mohammed Al Tayer, Vice Chairman of EGA, added: “This agreement is in line with the directives of the UAE’s wise leadership to further deepen the brotherly relations between our two countries. Aluminium Bahrain was EGA’s first technology customer, in a landmark for the development of a knowledge-based economy in the UAE. EGA looks forward to continuing to apply its technology expertise on a commercial basis to support their production ambitions. EGA’s goal is to be the technology supplier of choice in the Aluminium industry, with technology as a growing revenue stream for EGA as well as delivering competitive advantage for the company’s own operations.”
Contacts at EGA:
Contacts at Alba:
Director, Investor Relations, Insurance & Corporate Secretary
E-mail: [email protected]
Since 1975, when it was founded as Dubai Aluminium by His Highness Sheikh Rashid bin Saeed Al Maktoum, Emirates Global Aluminium has been innovating aluminium to make modern life possible.
Today EGA is the world’s biggest ‘premium aluminium’ producer and the largest industrial company in the United Arab Emirates outside the oil and gas industry.
EGA is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai. It is the largest company jointly owned by the two Emirates.
EGA is an integrated aluminium producer, with operations from bauxite mining to the production of cast primary aluminium. EGA operates aluminium smelters in Jebel Ali and Al Taweelah, an alumina refinery in Al Taweelah and a bauxite mine and associated export facilities in the Republic of Guinea.
EGA’s aluminium is the second largest made-in-the UAE export after oil and gas. In 2021, EGA sold 2.54 million tonnes of cast metal. EGA is the only UAE producer and makes the UAE the fifth largest aluminium producing nation in the world.
EGA has more than 400 customers in over 50 countries. In 2021, value-added products accounted for 84 per cent of EGA’s cast metal sales.
EGA’s aluminium is primarily used in the construction, automotive, packaging, aerospace and electronics industries.
Around 10 per cent of EGA’s aluminium production is sold in the UAE to around 26 downstream aluminium companies that make products with EGA’s aluminium. The growing broader aluminium sector in the UAE supports 60,950 jobs. EGA itself employs over 7,000 of these people including almost 1,200 UAE Nationals.
EGA has focused on technology development for over 25 years. EGA has used its own technology for every smelter expansion since the 1990s and has retrofitted all its older production lines. In 2016 EGA became the first UAE industrial company to licence its core industrial process technology internationally.
As a corporate citizen of the UAE, EGA aspires in all its operations to be measured amongst the world’s leading metals and mining companies in meeting its environmental and social responsibilities. In 2017, EGA became the first Middle East headquartered company to join the Aluminium Stewardship Initiative, a global programme to foster greater sustainability and transparency in the aluminium industry. In 2019, EGA’s Al Taweelah site became the first in the Middle East to receive certification from ASI for its sustainability practices and performance. EGA’s Jebel Ali site was certified in 2021. ASI certification is the aluminium industry’s internationally recognised standard for environmental and social performance and governance.
In 2021, EGA began production of CelestiAL solar aluminium, produced with solar power from the Mohammed Bin Rashid Al Maktoum Solar Park on the outskirts of Dubai. EGA is the first company in the world to make aluminium commercially using the power of the sun.
EGA was formed in 2014 through the merger of Dubai Aluminium and Emirates Aluminium.
EGA’s Jebel Ali aluminium smelter began production as DUBAL in 1979. At almost five square kilometres, this site is five times bigger than Dubai Mall.
EMAL started production in 2009 and its Al Taweelah aluminium smelter was the largest single-site aluminium smelter in the world when completed. EGA’s Al Taweelah site is five times bigger than Al Maryah Island at six square kilometres.
EGA has its own power stations at both sites, producing electricity to meet its needs. EGA’s electricity generation capacity is 6,474 megawatts, making EGA the third largest electricity generator in the UAE after the Dubai and Abu Dhabi utilities. EGA also produces water through desalination units at its power plants.
EGA began production at Al Taweelah alumina refinery in April 2019. EGA’s alumina refinery is the first in the UAE and only the second in the Middle East. The project reduces the UAE’s dependence on imported alumina and supplies over 40 per cent of EGA’s needs.
Bauxite exports from Guinea Alumina Corporation, EGA’s wholly-owned subsidiary in Guinea, began in August 2019. The GAC project was one of the largest greenfield investments in Guinea in over 40 years.
For more information on EGA please visit www.ega.ae.
About Aluminium Bahrain B.S.C. (Alba)
[Ticker: ALBH] Starting as a 120,000 tonnes per annum smelter in 1971, Alba, today, is the world’s largest aluminium smelter ex-China with a production of more than 1.561 million metric tonnes per annum (2021). Its diverse product portfolio of Standard and Value-Added Products (VAP)s are exported to more than 240 global customers through its sales offices in Europe (Zurich), Asia (Hong Kong & Singapore) and subsidiary office in the U.S. Alba is dual listed on Bahrain Bourse and London Stock Exchange and its shareholders are Bahrain Mumtalakat Holding Company B.S.C. © (69.38%), SABIC Industrial Investments Company (SIIC) (20.62%) and General Public (10%).
Over the last five decades, Alba has been a major contributor to the social, industrial, and economic development of the Kingdom of Bahrain. The Company is at the heart of a thriving Bahrain’s aluminium sector, which accounts for approximately 12% of the country's GDP. Renowned for being an employer of choice, Alba is a model in Employee Training and Development and employs over 3,100 people across its operations (2021), of which 84% are Bahraini nationals. It is noteworthy that in 2021, Alba achieved more than 581,000 training- hours despite the challenges of COVID-19.
Alba is recognised as one of the top industrial companies in the world with high standards in Environment practices, Social contribution and Corporate Governance. Over 50 years, the Company has invested into projects that had a positive impact on the society in which it operates. More recently, Alba’s US$37.5 million zero-waste Spent Pot Lining Treatment Plant, the upcoming 5-plus MW Solar Farm Project and strategic role in the future Aluminium Downstream Park are a testimony of Alba’s Sustainability Roadmap that will meet the goals of Bahrain’s Economic Vision 2030 as well as the Net Zero Carbon targets led by HRH the Crown Prince and Prime Minister of Bahrain in COP26 summit. In addition, globally-recognised certifications such as ISO 9001, ISO 14001, ISO 27001, ISO 45001, IATF 16949:2016 and ASI Performance Standard Certification and Ecovadis attest to Alba’s actions to produce aluminium responsibly and sustainably.
Safety of its employees and contractors’ workforce remains Alba’s top priority. Over the years, the Company has maintained an excellent track record in Safety and Health for which it has won prestigious international awards such as the RoSPA Award 2021 (8 years in a row) and International Safety Award with Merit from British Safety Council in 2020. Alba stayed strong on its journey of Safety Excellence by topping more than 20 million safe working-hours without any Lost Time Injury (LTI) by end of 2021.
Alba has also been recognised internationally for its strong values and operating excellence, with the most recent ones being top ESG performer in Bahrain by ESG Invest; Safeguard Label from Bureau Veritas; and Best Corporate Governance Award by Ethical Boardroom. For more information on Alba, please visit www.albasmelter.com
Alba External Grievance Mechanism
Alba’s External Grievance Mechanism receives and facilitates the resolution of any affected communities’ concerns and grievances about Alba’s Environment and Social (E&S) performance. External grievances about Alba’s E&S performance can be logged via the Alba Integrity Line – an independently operated confidential reporting hotline in multiple languages – via a toll-free phone system or via the intranet 24 hours a day.
Alba Response to COVID-19 Pandemic
Alba’s response strategy to COVID-19 was initiated back to January 2020 in line with the guidelines of Bahrain National Taskforce for Combating Coronavirus (COVID-19). The Company was able to maintain safe operations throughout 2021 thanks to its nimble workforce – employees and contractors’ personnel.
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