Masdar and Emirates Global Aluminum Join Forces to Reduce Emissions and Develop Low-Carbon Aluminum Sector

Abu Dhabi Future Energy Company (Masdar) announced the signing of a cooperation agreement with Emirates Global Aluminum, the largest producer of high-quality aluminum in the world, with the aim of unifying efforts and making use of the capabilities which are available to reduce emissions in the aluminum sector. and developing the low-carbon aluminum sector.

Masdar and EGA will explore opportunities to develop joint renewable energy projects, with the potential to expand cooperation to include projects in the fields of energy storage batteries and green hydrogen production and storage, which will to support EGA’s efforts to decarbonise all of its operations. . and the future in the country.

The two companies will collaborate to explore more opportunities at a global level through which Masdar will support Emirates Global Aluminum Company in providing new aluminum production facilities with renewable energy sources.

Masdar is a global leader in renewable energy, developing and operating prominent utility-scale renewable energy projects around the world. The aluminum production process requires energy-intensive consumption, and emissions from electricity generation activities represent 60% of the total emissions from the aluminum industry in the world.

Effective partnership

Mohammed Al Ramahi, CEO of Masdar, said: “Masdar is proud to collaborate with Emirates Global Aluminum and support its efforts to reduce carbon emissions associated with aluminum production. weather.”

The joint efforts of different companies and institutions, and using their knowledge and resources to help remove carbon within critical sectors, will bring tangible benefits in terms of economic development and protection of the planet.

We look forward to continuing to introduce highly efficient solutions and projects to global markets and benefit from the economic benefits of using renewable energy.”

Meanwhile, Abdul Nasser bin Kalban, CEO of Emirates Global Aluminium, said: “The global demand for aluminum is expected to see significant growth of up to 80% by 2050 thanks to its essential role in the carbon removal process within different materials. economic sectors.

Our alliance with Masdar, the world’s leading Emirati company in the field of renewable energy, will open up new perspectives and opportunities in the field of decarbonizing our operations and expanding the scope of our production of celestial aluminum a ‘ the use of solar energy supports the achievement of low carbon growth, and we look forward to collaborating with Masdar in projects at local and global levels.

production

Emirates Global Aluminum Company produces one tonne out of every 25 tonnes of global aluminum production considered the country’s largest exporter after oil and gas and is shipped to more than 50 countries.