EGA and Inalum sign MoU on smelter project: Emirates Global Aluminium and Inalum in Indonesia have signed a Memorandum of Understanding that could lead to the licensing of EGA's UAE-developed smelting technology for a brownfield aluminium smelter expansion in Indonesia. The two companies will engage in a feasibility study of the use of EGA's technology in a planned, up to 400,000 tpy expansion of Inalum's Kuala Tanjung smelter in North Sumatra. EGA will also explore the potential to invest in the expansion and offtake metal, should it be developed with renewable energy. The existing aluminium smelter at Kuala Tanjung uses electricity generated with hydropower. The companies will also explore further cooperation opportunities throughout the aluminium value chain.
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