Emirates Aluminium (Emal) unveiled the ground breaking of its Phase Two development expansion project which is worth US$4.5 billion.
This marked the beginning of construction of the Al Taweelah smelter?s second phase, with completion and full production planned to be reached in little more than two years. This will boost Emal?s total production capacity to around 1.3mn metric tonnes by the end of 2014.
Phase One was completed ahead of time and to budget and will help Emal to become a major new force in the global aluminium market supplying 280 customers in 36 countries with high quality aluminium.
Emal Phase Two will include the addition of a new potline and will result in the world?s longest ever single smelting line.
?As an equal joint venture between Mubadala and Dubal, Emal embodies the united stance of the Emirates to diversify the UAE?s economy away from a dependence on oil and gas,? said Saeed Fadhel Al Mazrooei, president and CEO of Emal.
?The lessons, experience, locally developed technologies, and exceptional achievements that have characterised this landmark project will ensure that we meet the increased international demand for aluminium by reaching full production of Phase Two by 2014,? Al Mazrooei added.
