Alcoa and Emirates Global Aluminium (EGA) have entered into a new multi-year agreement for Alcoa to supply EGA with smelter grade alumina. The 8-year agreement, starting in 2024, allows EGA to procure up to 15.6 million metric tons of alumina from Western Australia.
This supply agreement will make Alcoa EGA’s largest third-party alumina supplier. In 2022, EGA’s Al Taweelah alumina refinery in Abu Dhabi fulfilled 47% of the company’s alumina needs.
Alcoa operates the world’s largest third-party alumina business with low-carbon processes. The contract also includes options for EGA to choose Alcoa’s low-carbon EcoSource™ alumina. EcoSource alumina is manufactured with a maximum of 0.6 tons of carbon dioxide equivalents (CO2e) per ton of alumina, encompassing scope 1 and scope 2 emissions.
This emission level is half of the industry’s average of 1.2 tons of CO2e. The measurement accounts for both direct emissions from the company’s bauxite mining and alumina refining procedures and indirect emissions resulting from the energy consumption during these processes.
EGA is the largest industrial company in the UAE outside the oil and gas sector, operating smelters, an alumina refinery, and a bauxite mine.
The agreement strengthens the long-term supply relationship between the two companies and aligns with EGA’s sustainability goals.
Source: PRESS RELEASE
Image Source: EGA (Guinea Alumina)