ADNOC and Emirates Global Aluminium (EGA) have entered into a five-year agreement for the supply of up to 1.5 million tonnes of calcined petroleum coke, a crucial raw material in aluminum production. The deal, valued at $500 million (AED1.84 billion), was signed during the ‘Make it in the Emirates’ event in Abu Dhabi.
ADNOC Refining will provide at least 30% of EGA’s calcined petcoke needs from the Ruwais Refinery over the next five years. This move aims to strengthen local supply chains by reducing reliance on imports and enhancing the UAE’s position as a global aluminum supplier. The agreement aligns with ADNOC’s In-Country Value (ICV) Program, which promotes economic diversification and supports advanced industries in the UAE.
The signing ceremony was attended by His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, along with Abdulla Kalban, Managing Director of EGA. Khaled Salmeen, ADNOC Downstream CEO, and Abdulnasser Bin Kalban, CEO of EGA, signed the agreement.
Khaled Salmeen stated: “This strategic agreement with EGA exemplifies ADNOC’s commitment to driving the ‘Make it in the Emirates’ initiative and the UAE’s industrial base. By supplying this critical raw material for aluminum production from our Ruwais Refinery, we are strengthening domestic supply chains, reducing reliance on imports and enabling growth in one of the nation’s most vital industrial sectors.”
Abdulnasser Bin Kalban commented: “EGA has been a pioneer of industrialization and economic diversification for decades, and today we are a champion of ‘Make it in the Emirates’ through our local procurement, metal supply to UAE industry and our record Emiratization.”
The calcined petcoke supplied under this agreement will enable EGA to produce approximately 3.75 million metric tonnes of aluminum over five years. In 2024 alone, EGA’s contributions to the local economy were significant, amounting to $6.4 billion (AED23.49 billion), which represented 1.3% of the UAE’s GDP while supporting over 52,000 jobs.
