Emirates Global Aluminium officially incorporated, will rank in top tier of leading producers worldwide

Abu Dhabi (WAM): Mubadala Development Company of Abu Dhabi and the Investment Corporation of Dubai yesterday announced the official incorporation of Emirates Global Aluminium (EGA), the jointly-owned, Abu Dhabi based aluminium champion, formed by integrating the two shareholders' respective aluminium interests. The company will be managed by a board of directors that will be chaired by Khaldoon Khalifa Al Mubarak, while Saeed Mohammed Ahmed Al Tayer will become its vice-chair. The board will also include Dr. Sultan Al Jaber; Abdulla Kalban; Khaled Al Qubaisi; Ahmed Yahia Al Idrissi; Abdul Wahed Mohammed Al Fahim; and Khalid Al Bakhit. EGA's core operating entities are Dubai Aluminium (DUBAL) and Emirates Aluminium (EMAL), whose combined annual production currently accounts for 50 per cent of the total primary aluminium produced within the Gulf Cooperation Council region. With EGA's primary aluminium production set to reach 2.4 million tons per annum by mid-2014, the company will join the ranks of world's top aluminium producers. EGA also owns Guinea Alumina Corporation (GAC), a strategic bauxite mining and alumina refining development project in the Republic of Guinea. The company plans to continue expanding along the aluminium value chain, from smelting to alumina refining and bauxite mining; and will also support the continued growth of the aluminium cluster in the UAE. – Emirates News Agency, WAM