Trafigura partners with Egyptalum, MIH to build aluminium smelter in Egypt

Global commodities group Trafigura has entered into exclusive negotiations with the Egyptian Aluminium Company (Egyptalum) and the Metallurgical Industries Holding Company (MIH) to develop a new primary aluminium smelter, in Egypt, at a cost of between $750-million and $900-million. The parties plan to establish a new company that will build, own and operate a 300 000 t/y primary aluminium smelter and a 150 000 t/y anode plant at Egyptalum's Nag Hammadi complex. When in operation, the new facilities will nearly double the site's current production capacity.