EGA and INALUM sign MoU for licensing UAE-developed EGA technology and developing Greenfield aluminium smelter

Emirates Global Aluminium and PT Indonesia Asahan Aluminium (INALUM) have signed a Memorandum of Understanding (MoU) for licensing the UAE-developed EGA technology to INALUM, upgrading an existing INALUM smelter, and developing a new aluminium smelter in Indonesia.

The MoU was signed by Abdulla Kalban, Managing Director of EGA, and Orias Petrus Moedak, President Director of INALUM and exchanged in the presence of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Excellency Joko Widodo, President of the Republic of Indonesia.

Under the MoU, EGA and INALUM will also evaluate the potential to form a joint venture to develop a Greenfield aluminium smelter in Indonesia, contributing services related to technology, raw materials and the marketing of metal.

EGA and INALUM are already cooperating on the potential brownfield upgrade using EGA technological know-how of INALUM’s existing aluminium smelter in North Sumatra, under the MoU signed in 2018.

Commenting on the recent MoU signed, Abdulla Kalban said: “We are pleased to expand our cooperation with INALUM and look forward to exploring further how we can together make these important projects for Indonesia a reality. EGA’s technology is proven both in the UAE and internationally, and we believe that we can make a big contribution to the success of INALUM’s expansion plans, and potentially even in future a vertically-integrated alumina refinery, to the benefit of both our countries.”

Orias Petrus Moedak, President Director of INALUM said: “I am pleased that we have developed a strong and cooperative relationship with EGA which has now led to the signing of this MoU. At INALUM, we are looking forward to deepening our work with EGA and to potentially deploying EGA’s technology in Indonesia.”

EGA for more than last 25 years has been developing aluminium smelting technology in the UAE and using in every expansion since the 1990s. Recently, it completed a historic three-year project to transfer its UAE-developed DX+ Ultra technology to Aluminium Bahrain for its Potline 6 expansion project.

source https://www.alcircle.com/news/ega-and-inalum-sign-mou-for-licensing-uae-developed-ega-technology-and-developing-greenfield-aluminium-smelter-49821