Abu Dhabi, United Arab Emirates: 22 August 2024: Emirates Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas and the biggest ‘premium aluminium’ producer in the world, today announced its intention to acquire a majority stake in American aluminium recycling firm Spectro Alloys Corporation.

The acquisition, which is subject to obtaining regulatory approvals, will accelerate EGA’s global expansion into aluminium recycling and expand EGA’s business in the United States.