Commercial success

Our primary goal is to deliver financial returns acceptable to our shareholders.

With a strong track record of delivering solid financial performance, our returns have consistently exceeded those of many industry peers.

Over the past four financial years, Emirates Global Aluminium has generated some $3 billion of net income. Our distribution to shareholders in 2017 was $546 million, an increase of 61 per cent from $340 million in 2016.

EGA’s 2017 adjusted EBITDA margin was industry-leading at 32 per cent, demonstrating the strength of our business model, our technological and structural cost advantages, and a superior product mix.

‘Premium aluminium’ comprised 82 per cent of our 2017 production, the highest proportion of any aluminium company worldwide, making us the world’s largest producer of value-added products. This puts EGA at the forefront of the industry in creating additional value from its primary aluminium.

Our smelters are world-class, Tier 1 assets positioned in the first quartile of the cash cost curve.

Decades of smelter technology development, as well as continuous focus on operational improvement, have enabled us to increase our production while driving down costs and reducing emissions. Today, we are actively exploring the potential of ‘4th industrial revolution’ technologies such as robotics, machine learning and advanced analytics to enhance our performance.

EGA’s power plants are amongst the most efficient in the Middle East and globally, further reducing operating costs.