Emirates Global Aluminium’s mission is to generate value from mining to metal. EGA is a national industrial champion, and the world’s biggest ‘premium aluminium’ producer.
We supply primary aluminium to more than 400 customers in over 50 countries around the world. Our aluminium supply is underpinned by a comprehensive global logistics operation. We make more than 10,000 shipments per year, in more than 100,000 containers.
Our key markets are Asia, the Middle East and North Africa region, Europe and the Americas. The main industries we serve are construction, automotive, cans and packaging, and electronics.
Guinea Alumina Corporation exported 9.56 million tonnes of bauxite ore in 2020, making EGA the second largest third-party seller of bauxite in the world in its first full production year.
Over the past five financial years, EGA has generated some $2.1 billion of net income. Our distribution to shareholders in 2019 was $300 million.
‘Premium aluminium’ comprised more than 72 per cent of our 2020 production, compared to 87.4 per cent in 2019, due to the effects on the global aluminium market of COVID-19.
Our smelters are world-class, Tier 1 assets positioned in the first quartile of the cash cost curve.
EGA’s power plants are amongst the most efficient in the Middle East and globally, further reducing operating costs.
In 2019, EGA began production at Al Taweelah alumina refinery, inaugurating alumina refining as a new industrial activity in the United Arab Emirates. The plant is currently meeting more than 40 per cent of EGA’s requirement for this feedstock for aluminium smelters, replacing some imports. We also began exporting bauxite in 2019 from our bauxite mining operation, GAC.