In 2019, the operating revenue of Emirates global aluminum (EGA) was 20.5 billion dirhams (US $5.6 billion), 12% lower than that of 2018 (US $6.4 billion), mainly due to the increase in the number of value-added products offset by the global aluminum price decline; the adjusted EBITDA was 2.5 billion dirhams (US $693 million), and 4.4 billion dirhams (US $1.2 billion) in 2018, The main reason is that the price of finished metal declines while the price of raw materials such as alumina rises (during the reporting period, the reduction of production of Brazilian alumina plant can cause global supply shortage).

In 2019, EGA sold 2.6 million tons of casting metals, compared with 2.64 million tons in 2018. Besides China, EGA is the third largest aluminum producer in the world.

In 2019, EGA's value-added products / high-quality aluminum accounted for 87.4% of the total sales, which were sold to more than 50 countries around the world to supply more than 400 customers.

In 2019, EGA's local sales volume was 294000 tons (275000 tons in 2018), accounting for 11% of the total sales volume, mainly supplied to the downstream aluminum industry of the UAE.

EGA al taweelah alumina refinery was put into operation in April 2019, with alumina output of 1.1 million tons.

Guinea alumina company, a subsidiary of EGA's bauxite business, started production and export business in August 2019, with a bauxite mining volume of 1.7 million tons.

Source: EGA