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Emirates News Agency - EGA and INALUM complete start-up of pilot pots at Indonesian smelter

DUBAI, 10th October, 2023 (WAM) -- Emirates Global Aluminium and PT Indonesia Asahan Aluminium (INALUM) today announced the completion of the start-up of five pilot reduction cells at INALUM’s Kuala Tanjung aluminium smelter upgraded with EGA’s technological know-how.The pilot reduction cells are the first step in a larger planned project to upgrade a further 298 pots in Potlines 1 and 3 of the smelter, targeting to increase the amperage from 195ka to 215ka and boost production capacity by approximately 10 per cent.EGA has completed a...

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217 Turtles Hatch At Ega's Al Taweelah Beach

217 Turtles Hatch At Ega's Al Taweelah Beach
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217 Hawksbill turtles hatch at EGA's Al Taweelah beach

217 Hawksbill turtles hatch at EGA's Al Taweelah beach
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Top Middle East aluminium maker sees prices rising on demand

Emirates Global Aluminium expects its full-year sales volume to be in line with 2022 even as prices have declined over the last 12 months.

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Emirates Global Aluminium announces net profit of $544mln for H1 2023

Emirates Global Aluminium announces net profit of $544mln for H1 2023
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Emirates Global Aluminium's H1-2023 net profit comes in lower at Dh2b as market conditions 'moderate'

Profit dips as global commodity market cycle drops from 2021-22 peaks

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Emirates News Agency - EGA announces net profit of AED2.0 billion for H1 2023

ABU DHABI, 31st August, 2023 (WAM) -- Emirates Global Aluminium (EGA) today reported competitive financial performance for the aluminium sector in the first half of 2023, announcing a net profit of AED2.0 billion ($533 million).

EGA announced H1 2023 adjusted EBITDA of AED4.2 billion ($1.1 billion). EGA’s aluminium segment adjusted EBITDA margin was 27 percent, leading global industry peers.

The company also reported revenue of AED14.8 billion ($4 billion) compared to AED18.3 billion ($5 billion) in H1 2022.

EGA made an AED2.9 billion ($800 million)...

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Ega Announces Net Profit Of Aed2.0 Billion For H1 2023

Ega Announces Net Profit Of Aed2.0 Billion For H1 2023
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Top Middle East Aluminum Maker Sees Prices Rising With Demand

(Bloomberg) -- The biggest aluminum producer in the Middle East, whose shareholders are considering an initial public offering, sees prices of the metal rising as demand gains, though it didn’t say when that increase is likely to happen.Most Read from BloombergUS Health Officials Urge Moving Pot to Lower-Risk CategoryUBS Flags Cost Cuts After $29 Billion Credit Suisse WindfallHong Kong to Shut Down City Before Super Typhoon Saola HitsSingapore S$1 Billion Laundering Scandal Embroils Its Banking

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EGA announces net profit of AED2.0 billion for H1 2023

EGA announces net profit of AED2.0 billion for H1 2023
bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.

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