Search DubaiPRNetwork.com

Dubai and UAE

Thursday, January 16, 2025/ Editor

Home >> Local News and Government

Expansion at EGA's US recycling firm Spectro Alloys reaches construction milestone

Home >> Local News and Government

Abu Dhabi, United Arab Emirates, 16 January 2025: Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas and the biggest 'premium aluminium' producer in the world, today announced the completion of civil works for the expansion project at the company's US recycling firm Spectro Alloys.

The expansion project adds 55 thousand tonnes of secondary billet production in the first phase, with first hot metal expected early in the second half of 2025. Full production ramp-up is expected in the first quarter of 2026.

EGA completed the acquisition of 80 per cent of Spectro Alloys in September 2024. The acquisition accelerated EGA's global expansion into aluminium recycling and expanded EGA's business in the United States, which is already one of EGA's largest global markets.

Spectro Alloys is a leading secondary foundry alloy producer in Rosemount, Minnesota. The company currently has a production capacity of around 110 thousand tonnes per year of aluminium ingots.

Spectro Alloys broke ground on the expansion project in 2024.

Abdulnasser Bin Kalban, Chief Executive Officer of Emirates Global Aluminium, said: 'The completion of the civil works is an important milestone in the expansion of Spectro Alloy's recycled aluminium production and our ambitions to grow EGA's recycling business in the United States. The full completion of this project will strengthen our business in the United States, which is already one of our largest markets.'

Luke Palen, President of Spectro Alloys, said: 'This increase in capacity and capabilities means Spectro will have a greater impact on recycling rates in Minnesota, on meeting the needs of sustainable manufacturers, and on advancing the increasingly vital circular economy.'

Demand for recycled aluminium in the United States is expected to reach some 7.6 million tonnes per year by 2033, according to CRU, an independent business intelligence organisation. The United States is currently the world's second biggest recycled aluminium market..

 

 

Share


Next in Local News and Government


Home >> Local News and Government Section

Latest Press Release

Return to Ritual: Celebrate Self-Care Month with BUFARMA Skincare

Dubai Government Human Resources Department organises 2nd Human Resources Forum of 2025 to discuss e ...

Dubai Customs and Dubai Police: A strategic partnership to protect the homeland and to promote stabi ...

Rediscover family shopping days: REDTAG opens its doors in Al Ain

Dubai Culture Launches Open Call for 14th Sikka Art & Design Festival

Summer Restaurant Week Returns This DSS with Over 65 Exclusive Dining Deals Across Dubai

Julien Calloud Appointed CEO of SAVOYE to Lead a New Era of Performance and Innovation

Zoho Powers Up CRM for Everyone Platform with AI to Elevate Customer Experience

Media's Role in the Age of Algorithms By HH Sheikha Latifa bint Mohammed bin Rashid Al Maktoum

VinFast VF 8: The Premium Electric SUV Empowering a New Generation of Entrepreneurs in the UAE

Enter the Jurassic Era at VOX Cinemas

NYUAD Researchers Find Link Between Brain Growth and Mental Health Disorders

Emirates reit reports a strong Q1 2025 with 24% increase in property income

Impressive Emirati Victory at Inaugural Snow Duathlon in Ski Dubai with 209 Athletes from 49 Countri ...

Dubai Land Department encourages Emirati citizens to join the Dubai Real Estate Broker Programme

Tabreed and CVC DIF to acquire Abu Dhabi's PAL Cooling from Multiply Group

UAE Team Emirates-XRG take home five National Championship victories

Porsche Centre Abu Dhabi & Al Ain Leads Region with First Manthey Kit Installation on 911 GT3 RS

“Redefining University Leadership for the Future” Held as Part of the Sixth Conference of University ...

Dubai Summer Surprises 2025 Starts Today With Over 7,500 Offers, Free Things to Do, and the Season's ...