Egyptalum partners with Alba on $3 billion alumina plant

Egyptalum has partnered with Alba to investigate constriction of an alumina plant. The Egyptian aluminium smelter signed the agreement with the Bahrain-based smelter on Wednesday last week.

The alumina refinery would have an initial estimated investment of $3 billion.

Egyptalum said: “A Memorandum of Understanding for investment cooperation between Egypt Aluminum Company and Aluminium Bahrain (Alba) was signed to evaluate the feasibility of building an alumina refining plant, – the main raw material in the manufacture of aluminium – to be produced within the Arab Republic of Egypt.”