EGA sticks to aluminium investment plans despite Iran war

LONDON – Emirates Global Aluminium is sticking with its investment plans to increase production and recycling of the metal despite the Iran war, the company’s chief marketing officer said on Tuesday. EGA, the largest aluminium producer in the Gulf, was forced to shut down its Al Taweelah smelter in the United Arab Emirates after an Iranian attack in late March. Overseas, it is planning to build the first new primary aluminium smelter in the United States in almost 50 years alongside Century Aluminum.