Masdar and Emirates Global Aluminium (EGA) have forged an alliance aimed at advancing aluminium decarbonisation efforts and exploring low-carbon aluminium growth prospects
These efforts will focus on the joint development of renewable energy projects, including potential initiatives involving battery storage and green hydrogen production and storage.
Local and international goals
The primary goal is to support the decarbonisation of EGA's current operations in the UAE, as well as any prospective ventures in the country.
Furthermore, the partnership will extend internationally, with Masdar lending support to EGA in powering new aluminium production facilities with renewable energy sources.
Aluminium production is known for its energy-intensive nature, with fossil fuel-based electricity generation contributing to approximately 60% of the global aluminium industry's greenhouse gas emissions.
Mohamed Al Ramahi, CEO of Masdar, said, “Masdar is proud to be collaborating with EGA to help decarbonise the aluminium production process. Strong partnerships such as this are exactly what the world needs to accelerate our path to Net Zero.
“When organisations combine their knowledge and resources to help decarbonise vital industries, we not only protect the environment but we also boost the economy. This is core to our mission at Masdar. We look forward to developing further compelling propositions for international markets to maximise the economic benefits of using renewable energy.”
Abdulnasser Bin Kalban, CEO of Emirates Global Aluminium, said, “Aluminium plays an essential role in decarbonisation economy-wide, which is why demand for this metal has the potential to grow by as much as 80 per cent by 2050. Fulfilling this potential depends on how sustainably aluminium is made.
“EGA’s alliance with Masdar, another UAE industrial champion and a global leader in clean energy, should unlock opportunities to decarbonise our existing operations including further expanding our production of CelestiAL solar aluminium, and secure low-carbon growth. We are already exploring opportunities together, and I look forward to working with Masdar both in the UAE and around the world.”
