Base Metals
UAE’s EGA to build US aluminum plant touted by Trump next year
The plant will have the capacity to produce as much as 600 000 t/y of primary aluminum, with construction slated to start by the end of 2026 and to be ready by 2030, the company said in a statement on Friday.
The US president announced $200-billion in deals with the United Arab Emirates during the final stop of his Middle East tour, adding to investment commitments from Saudi Arabia and Qatar.
Dubai-based EGA completed its first US acquisition last year when it bought 80% of Spectro Alloys Corp. in Minnesota and said it would make further investments to counter the impact of US tariffs.
Trump suggested an UAE aluminum plant would be built in the US because the company would “have to pay a big tariff” if the facility were to be built in the Emirates. The EGA plant is part of the investments he announced.
EGA said it has signed an exclusive land option agreement for a site near Tulsa and is in advanced negotiations with Public Service Company of Oklahoma and the Oklahoma government.
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