EGA Signs Deal with Vinacomin for Vietnamese Alumina

Emirates Global Aluminium has signed a new three year contract with Vietnamese state owned firm Vinacomin extending the supply of Vietnamese alumina to the UAE until 2023. Under the agreement, EGA will continue to buy up to 300,000 tonnes of alumina from Vinacomin each year. The deal extends an agreement that EGA and Vinacomin signed in late 2017 which was due to expire at the end of this year.

The agreement follows a visit by a senior commercial delegation to Vietnam in October, led by His Excellency Sultan bin Saeed Al Mansouri, UAE Minister of Economy. Alumina is amongst the significant components of UAE-Vietnam trade.

EGA’s Al Taweelah alumina refinery is expected to reach sustained production at nameplate capacity during the first half of this year, with production sufficient to meet some 40 per cent of EGA’s requirements. EGA will continue to import alumina to meet its remaining needs.

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