UAE’s EGA extends technology cooperation deal with Saudi’s Ma’aden

By Shilpa Annie Joseph, Official Reporter
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UAE-based largest premium aluminum producer, Emirates Global Aluminum (EGA) has signed an agreement with Saudi Arabia’s national mining company Saudi Arabian Mining Company (Ma’aden) to expand their exploration of potential collaboration on technology in the aluminum value chain.

The company said that the agreement extends a Memorandum of Understanding originally signed in 2018. The companies will explore cooperation on aluminum smelting technology development, including novel technologies with lower greenhouse gas emissions.

Further, EGA and Ma’aden will consider cooperation in the management of by-products from processes in the aluminum value chain and aluminum recycling.

Mr. Abdulnasser Bin Kalban, EGA’s Chief Executive Officer, noted that, “We are pleased to extend our agreement with Ma’aden on potential cooperation in technology and other development to support further the sustainability of our two companies. The successful tackling of big challenges can only be accelerated by companies working together.”

“Aluminum is one of the world’s most crucial metals for many global industries going into a future that is focused on environment and sustainability. This partnership aims to increase the cooperation between Ma’aden and EGA to work together, including towards more sustainable aluminum production,” commented Mr. Riyadh Al Nassar, Senior Vice President of Ma’aden’s Aluminum Business.

Ma’aden operates the largest and most efficient vertically integrated aluminum complex in the world in Ras Al Khair on Saudi Arabia’s east coast.

EGA has developed its own aluminum smelting technology for more than 25 years. EGA has used its UAE-developed technology for every smelter expansion since the 1990s and has retrofitted all its older production lines, as per the statement.

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