{"id":599757,"date":"2019-01-09T04:24:59","date_gmt":"2019-01-09T04:24:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/"},"modified":"2019-01-09T04:24:59","modified_gmt":"2019-01-09T04:24:59","slug":"egyptalum-estimates-expansion-project-at-egp-13-9-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/","title":{"rendered":"Egyptalum estimates expansion project at EGP 13.9 bn"},"content":{"rendered":"<p>Egypt Aluminum (Egyptalum) has revised to EGP 13.9 bn its cost estimation for a planned capacity expansion project, <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/225144_1.PDF\">the company said in a bourse disclosure (pdf)<\/a>. The company <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/19\/egyptalum-to-review-tender-offers-on-31-december\/\">had previously said<\/a> that the project, which will aim to increase its production capacity to 570K tonnes from 320K tonnes, will cost some USD 600 mn (c. EGP 10.76 bn). Egyptalum had also said it would review on 31 December offers it received in a tender for the project and is <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/17\/egypt-aluminum-in-talks-with-banks-for-usd-600-mn-financing-for-new-product-line\/\">looking to finance<\/a> 70% of the project cost through bank loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt Aluminum (Egyptalum) has revised to EGP 13.9 bn its cost estimation for a planned capacity expansion project, the company said in a bourse disclosure (pdf). The company had previously said that the project, which will aim to increase its production capacity to 570K tonnes from 320K tonnes, will cost some USD 600 mn (c. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7255],"tags":[204,130,9348,72,7087,131],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599757","post","type-post","status-publish","format-standard","hentry","category-manufacturing","tag-banking","tag-construction","tag-engineering","tag-enterpriseam","tag-finance","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"5892869b-fcf1-4f1c-b98a-fe70d9b31dac","is_powered_by":true,"section_story_id":"67e300b3-aed3-4868-bcbb-156e5e42a2eb","story_type":"1","photo_url":"","photo_position":"above","related_issue":[599728],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egyptalum estimates expansion project at EGP 13.9 bn - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptalum estimates expansion project at EGP 13.9 bn\" \/>\n<meta property=\"og:description\" content=\"Egypt Aluminum (Egyptalum) has revised to EGP 13.9 bn its cost estimation for a planned capacity expansion project, the company said in a bourse disclosure (pdf). The company had previously said that the project, which will aim to increase its production capacity to 570K tonnes from 320K tonnes, will cost some USD 600 mn (c. [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-01-09T04:24:59+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptalum estimates expansion project at EGP 13.9 bn\",\"datePublished\":\"2019-01-09T04:24:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\"},\"wordCount\":92,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"construction\",\"engineering\",\"EnterpriseAM\",\"Finance\",\"Manufacturing\"],\"articleSection\":[\"Manufacturing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\",\"name\":\"Egyptalum estimates expansion project at EGP 13.9 bn - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-01-09T04:24:59+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egyptalum estimates expansion project at EGP 13.9 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egyptalum estimates expansion project at EGP 13.9 bn - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/","og_locale":"en_US","og_type":"article","og_title":"Egyptalum estimates expansion project at EGP 13.9 bn","og_description":"Egypt Aluminum (Egyptalum) has revised to EGP 13.9 bn its cost estimation for a planned capacity expansion project, the company said in a bourse disclosure (pdf). The company had previously said that the project, which will aim to increase its production capacity to 570K tonnes from 320K tonnes, will cost some USD 600 mn (c. [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2019-01-09T04:24:59+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egyptalum estimates expansion project at EGP 13.9 bn","datePublished":"2019-01-09T04:24:59+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/"},"wordCount":92,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["banking","construction","engineering","EnterpriseAM","Finance","Manufacturing"],"articleSection":["Manufacturing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/","url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/","name":"Egyptalum estimates expansion project at EGP 13.9 bn - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2019-01-09T04:24:59+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/egyptalum-estimates-expansion-project-at-egp-13-9-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egyptalum estimates expansion project at EGP 13.9 bn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":592987,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/13\/egyptalum-to-start-egp-7-bn-upgrade-project-in-early-2020\/","url_meta":{"origin":599757,"position":0},"title":"Egyptalum to start EGP 7 bn upgrade project in early 2020","author":"enterpriseam admin","date":"13 November 2019","format":false,"excerpt":"Egypt Aluminum (Egyptalum) will begin a EGP 7 bn project to upgrade a production line in early 2020, Mahmoud Agouz, the coordinator of a company committee responsible for upgrade projects, said. The upgrade is expected to increase the state-owned manufacturer\u2019s annual production capacity to 445k tonnes from 320k. The move\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":700734,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/10\/trafigura-takes-minority-stake-in-egyptalum-smelter-expansion\/","url_meta":{"origin":599757,"position":1},"title":"Trafigura takes minority stake in Egyptalum smelter expansion","author":"enterpriseam admin","date":"10 May 2026","format":false,"excerpt":"The expansion will carry an investment ticket of USD 750-900 mn and doubles the Naga Hammadi complex\u2019s capacity","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/408.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566222,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/03\/earnings-state-owned-el-nasr-civil-works-egyptalum-remain-in-the-red\/","url_meta":{"origin":599757,"position":2},"title":"Earnings: state-owned El Nasr Civil Works, Egyptalum remain in the red","author":"enterpriseam admin","date":"3 June 2021","format":false,"excerpt":"EARNINGS WATCH- State-owned Egyptian Aluminium Company (Egyptalum) saw its net losses narrow to EGP 348 mn in 9M2020-2021, compared to a lost EGP 1.02 bn in the same period last year, the company said in its earnings report (pdf). Revenues rose 46% y-o-y to EGP 8.14 bn in the first\u2026","rel":"","context":"In &quot;GO WITH THE FLOW&quot;","block_context":{"text":"GO WITH THE FLOW","link":"https:\/\/enterpriseam.com\/egypt\/category\/go-with-the-flow\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":673520,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/10\/14\/egyptalum-to-invest-egp-6-bn-in-the-current-fiscal-year\/","url_meta":{"origin":599757,"position":3},"title":"EgyptAlum to invest EGP 6 bn in the current fiscal year","author":"enterpriseam admin","date":"14 October 2025","format":false,"excerpt":"PLUS- The Finance Ministry will announce potential investments in Assiut in the coming days","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/631.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":605036,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/19\/egyptalum-to-review-tender-offers-on-31-december\/","url_meta":{"origin":599757,"position":4},"title":"Egyptalum to review tender offers on 31 December","author":"enterpriseam admin","date":"19 December 2018","format":false,"excerpt":"Egypt Aluminum (Egyptalum) will review on 31 December offers it received in a tender to build a new USD 600 mn product line that\u2019s expected to increase production capacity to 570K tonnes from 320K tonnes, the company said in an EGX disclosure (pdf). Nine companies have submitted offers, including the\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559580,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/26\/also-on-our-radar-on-26-january-2021\/","url_meta":{"origin":599757,"position":5},"title":"Also on our radar on 26 January 2021","author":"enterpriseam admin","date":"26 January 2021","format":false,"excerpt":"An EGP 13 bn revamp at state-owned Egyptalum will see the state-owned company upgrade its equipment to newer, more energy-efficient models as part of a plan to bring down the company\u2019s energy bill, which makes up 40% of production costs, according to a Public Enterprises Ministry statement. American engineering firm\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599757","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=599757"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599757\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599728"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599757"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599757"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599757"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599757"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599757"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}