Trafigura to build new aluminium smelter in Egypt

Trafigura has signed a word expanse with the Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding (MIH) to found a caller superior aluminium smelter.

The inaugural includes the constitution of a institution to oversee the improvement and cognition of the smelter, which volition person a capableness of 300,000 tonnes per annum (tpa), and an adjoining 150,000tpa anode works astatine Egyptalum's Nag Hammadi site.

These facilities are expected to astir treble the location's existent yearly accumulation capacity.

Egyptalum CEO Mahmoud Abdelaleem Agour said: “This word expanse marks a defining infinitesimal for Egypt Aluminium. By partnering with a planetary commodity person of Trafigura’s calibre – arsenic some a strategical capitalist and semipermanent offtake spouse – we are laying the instauration for Egyptalum to look arsenic a starring superior aluminium shaper not lone successful Egypt but crossed the wider region.

“The enlargement astatine Nag Hammadi volition astir treble our accumulation capacity, make important export revenues and make lasting worth for our shareholders, our workforce and the communities we serve. We look guardant to progressing this concern towards fiscal close.”

Trafigura volition service arsenic a number equity investor, indebtedness provider, and semipermanent offtake and feedstock proviso partner.

The project's full concern is estimated to scope from $750m to $900m.

In the past decade, aluminium inventories extracurricular China person decreased by six cardinal tonnes, resulting successful debased banal levels.

The caller smelter aims to supply an indispensable root of superior aluminium, enhancing planetary proviso concatenation diversification and resilience, and highlighting the value of downstream processing.

This inaugural builds connected Trafigura's much than 20-year beingness successful Egypt, wherever it is simply a large supplier of metals including alumina arsenic good arsenic liquefied earthy gas.

The signing of the word expanse follows Trafigura's concern successful a smelter task successful Indonesia, aligning with its strategy to unafraid semipermanent metallic supplies globally.

In March 2026, Trafigura signed a binding take-or-pay offtake statement with Smackover Lithium to unafraid battery-grade lithium carbonate from the South West Arkansas task successful the US.

"Trafigura to physique caller aluminium smelter successful Egypt" was primitively created and published by Mining Technology, a GlobalData owned brand.

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