Emirates Global Aluminum EGA Plans First U.S. Smelter in Decades -- Market Talk

Dow Jones

May 17, 2025

1314 ET - Emirates Global Aluminum plans to build a primary aluminum smelter outside of Tulsa, the company announced with a memorandum of understanding signed with the state of Oklahoma. If completed, it would be the first aluminum smelter opened in the U.S. in 45 years, Emirates says. The announcement is part of $200 billion of investments by the United Arab Emirates announced by the White House yesterday. This investment is valued at $4 billion. EGA is a joint venture between two government entities in the Middle East, and is among the biggest producers of primary aluminum globally. Tariffs imposed by the Trump Administration are in part meant to reinvigorate domestic aluminum in the U.S., with companies like Century Aluminum Co. and Alcoa struggling to keep their older primary smelters open. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

May 16, 2025 13:14 ET (17:14 GMT)

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If completed, it would be the first aluminum smelter opened in the U.S. in 45 years, Emirates says. The announcement is part of $200 billion of investments by the United Arab Emirates announced by the White House yesterday. This investment is valued at $4 billion. EGA is a joint venture between two government entities in the Middle East, and is among the biggest producers of primary aluminum globally. Tariffs imposed by the Trump Administration are in part meant to reinvigorate domestic aluminum in the U.S., with companies like Century Aluminum Co. and Alcoa struggling to keep their older primary smelters open. 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If completed, it would be the first aluminum smelter opened in the U.S. in 45 years, Emirates says. The announcement is part of $200 billion of investments by the United Arab Emirates announced by the White House yesterday. This investment is valued at $4 billion. EGA is a joint venture between two government entities in the Middle East, and is among the biggest producers of primary aluminum globally. Tariffs imposed by the Trump Administration are in part meant to reinvigorate domestic aluminum in the U.S., with companies like Century Aluminum Co. and Alcoa struggling to keep their older primary smelters open. 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If completed, it would be the first aluminum smelter opened in the U.S. in 45 years, Emirates says. The announcement is part of $200 billion of investments by the United Arab Emirates announced by the White House yesterday. This investment is valued at $4 billion. EGA is a joint venture between two government entities in the Middle East, and is among the biggest producers of primary aluminum globally. Tariffs imposed by the Trump Administration are in part meant to reinvigorate domestic aluminum in the U.S., with companies like Century Aluminum Co. and Alcoa struggling to keep their older primary smelters open. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4153":"铝","CENX":"世纪铝业","AA":"美国铝业","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"阿联酋全球铝业EGA计划在美国建设数十年来的第一家冶炼厂——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AA":0.9,"CENX":0.9},"content_text":"1314 ET - Emirates Global Aluminum plans to build a primary aluminum smelter outside of Tulsa, the company announced with a memorandum of understanding signed with the state of Oklahoma. If completed, it would be the first aluminum smelter opened in the U.S. in 45 years, Emirates says. The announcement is part of $200 billion of investments by the United Arab Emirates announced by the White House yesterday. This investment is valued at $4 billion. EGA is a joint venture between two government entities in the Middle East, and is among the biggest producers of primary aluminum globally. Tariffs imposed by the Trump Administration are in part meant to reinvigorate domestic aluminum in the U.S., with companies like Century Aluminum Co. and Alcoa struggling to keep their older primary smelters open. (kirk.maltais@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  May 16, 2025 13:14 ET (17:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}