{"id":116744,"date":"2026-05-07T00:00:00","date_gmt":"2026-05-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/?p=116744"},"modified":"2026-05-07T02:45:25","modified_gmt":"2026-05-07T02:45:25","slug":"emirates-global-aluminium-reaches-settlement-agreement-gears-up-to-launch-aluminum-recycling-plant-in-al-taweelah","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2026\/05\/07\/emirates-global-aluminium-reaches-settlement-agreement-gears-up-to-launch-aluminum-recycling-plant-in-al-taweelah\/","title":{"rendered":"Emirates Global Aluminium reaches settlement agreement, gears up to launch aluminum recycling plant in Al Taweelah"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Emirates Global Aluminium (EGA) just got a boost in the form of a<\/strong><strong> settlement agreement with the Guinean government<\/strong>, and will soon get another with the launch of operations at its recycling facility in Al Taweelah, set to be the UAE\u2019s largest. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timing matters: <\/strong>This comes as EGA\u2019s core smelting operations are out of order. Its Al Taweelah plant was hit <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/03\/30\/attacks-hit-industry-threatening-higher-commodity-prices-and-investor-caution\/\" style=\"\">at the end of March<\/a>, with the strike at the 1.6 mtpa facility knocking out a significant chunk of primary aluminum production capacity and forcing EGA <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2026\/04\/13\/this-morning-us-iran-leave-talks-without-an-agreement-ega-declares-force-majeure-on-some-contracts\/\" style=\"\">to invoke force majeure<\/a> on some contracts. Rehabilitation work is set to begin at the end of May, with full restart timelines stretching toward a year, making recycling and overseas diversification increasingly strategic hedges rather than optional growth plays, CEO Abdulnasser Bin Kalban told <a target=\"_blank\" href=\"https:\/\/www.albayan.ae\/economy\/business\/uae-economy\/1252922\" style=\"\">Al Bayan<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The firm reached<\/strong><strong> a settlement agreement with the <\/strong><strong>Guinean government<\/strong> <strong>following the shutdown of its Guinea Alumina Corporation (GAC) operations <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/08\/25\/thats-a-wrap-on-egas-operations-in-guinea\/\" style=\"\">last year<\/a><\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.zawya.com\/ar\/%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%8A%D8%A9\/%D8%A8%D9%8A%D8%A7%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA\/%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D8%AA%D8%B3%D9%88%D9%8A%D8%A9-%D8%A8%D9%8A%D9%86-%D8%AC%D9%85%D9%87%D9%88%D8%B1%D9%8A%D8%A9-%D8%BA%D9%8A%D9%86%D9%8A%D8%A7-%D9%88%D8%B4%D8%B1%D9%83%D8%AA%D8%A7-%D8%BA%D9%8A%D9%86%D9%8A%D8%A7-%D8%A3%D9%84%D9%88%D9%85%D9%8A%D9%86%D8%A7-%D9%83%D9%88%D8%B1%D8%A8%D9%88%D8%B1%D9%8A%D8%B4%D9%86-%D9%88%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%84%D9%84%D8%A3%D9%84%D9%85%D9%86%D9%8A%D9%88%D9%85-r9w8p46t\" style=\"\">press release<\/a>. The dispute had escalated last year after Guinea suspended GAC shipments and later seized the company\u2019s mining lease, accusing EGA of failing to build an alumina refinery. EGA halted operations in the country and said the government\u2019s actions violated its rights. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a meaningful reset for EGA: <\/strong>The agreement restores bauxite supply arrangements between EGA and Guinean mining company Compagnie des Bauxites de Guin\u00e9e under what the parties described as \u201cmutually beneficial commercial terms,\u201d though financial details were not disclosed. Guinea will also pay GAC a lump sum in exchange for transferring the company\u2019s local assets to Nimba Mining, a state-linked mining vehicle overseeing the Sangaredi bauxite project in western Guinea.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why this matters:<\/strong> With its Al Taweelah facility still under repair, making a stable upstream supply increasingly important for EGA\u2019s broader resilience strategy. The Guinea disruption had already pushed the company to diversify its mining exposure in the region, including through signing a <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/06\/09\/mashreq-lists-usd-500-mn-sukuk-on-nasdaq-dubai\/\" style=\"\">mining MoU last year<\/a> with Ghana\u2019s state-owned Ghana Integrated Aluminum Development Corporation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- EGA\u2019s plans to launch the UAE\u2019s largest aluminum recycling plant are on track despite disruptions<\/strong>, with the company preparing to launch operations before mid-year, Bin Kalban said. The facility is expected to reach 400k tonnes of annual capacity by year-end, as part of a broader plan to scale toward 800k tonnes by 2040.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EGA declined to comment on whether the recycling ramp-up could help offset production disruptions at Al Taweelah<\/strong>, though SVP of Corporate Affairs Simon Buerk told EnterpriseAM that plans for the facility come as global demand for recycled aluminum is \u201cexpected to double by 2040.\u201d <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm was hit with disruptions over the past year as the war directly hit its facility in Al Taweelah and Guinea seized its mining license<\/p>\n","protected":false},"author":1,"featured_media":116745,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[1545],"tags":[871,7,64],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-116744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-manufacturing","tag-emirates-global-aluminium","tag-enterpriseam-uae","tag-manufacturing","wpautop","entry"],"acf":{"mongo_id":"98eb30a9-2010-4c4e-957f-20c19e2d03d7","order":"8","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/3\/44.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Good news for EGA after a tough few months","related_issue":[116731],"teaser":"The firm was hit with disruptions over the past year as the war directly hit its facility in Al Taweelah and Guinea seized its mining license"},"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>Emirates Global Aluminium reaches settlement agreement, gears up to launch aluminum recycling plant in Al Taweelah - UAE<\/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\/uae\/2026\/05\/07\/emirates-global-aluminium-reaches-settlement-agreement-gears-up-to-launch-aluminum-recycling-plant-in-al-taweelah\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Emirates Global 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