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Republic of Guinea, GAC and EGA reach agreement

United Arab Emirates,May 2026: The Republic of Guinea, represented by the Minister of
Mines and Geology and the Minister of Economy, Finance and Budget, on the one hand, and the companies Guinea Alumina Corporation (GAC) and Emirates Global Aluminium (EGA), on the other hand, have reached an amicable settlement, negotiated under the auspices of the
incumbent President (Bâtonnier) of the Paris Bar Association, aiming at definitively settling the disputes arising from the cessation of GAC’s activities in the Republic of Guinea and the
interruption of Guinean bauxite supplies to the EGA Group, including any dispute related to
Compagnie des Bauxites de Guinée (CBG).

The terms of the agreement, which is subject to some conditions, include, on one hand, the
payment by the Republic of Guinea of a lump sum to GAC, in particular in exchange for the
transfer of GAC’s assets to Nimba Mining Company (NMC) for the purpose of exploiting the
Sangarédi bauxite project, and, on the other hand, the renewal of the bauxite supply agreements between CBG and the EGA Group under mutually beneficial commercial terms.

In line with the guiding principles set by the Simandou Strategic Committee, this agreement
reflects the decidedly constructive effort to normalise and strengthen trade relations between the parties.

About EGA
Since 1975, when it was founded as Dubai Aluminium by His Highness Sheikh Rashid bin Saeed Al Maktoum,Emirates Global Aluminium has been innovating aluminium to make modern life possible.

Today EGA is the world’s biggest ‘premium aluminium’ producer and the largest industrial company in the United Arab Emirates outside the oil and gas industry.

EGA is equally-owned by Mubadala Investment Company of Abu Dhabi and the Investment Corporation of Dubai. It is the largest company jointly owned by the two Emirates.
EGA is an integrated aluminium producer, with operations from alumina refining to the production of cast primary aluminium and recycling. EGA operates aluminium smelters in Jebel Ali and Al Taweelah in the United Arab

Emirates, an alumina refinery in Al Taweelah, a speciality foundry in high strength recycled aluminium in Germany, and a recycling plant in the United States.

EGA’s aluminium is the second largest made-in-the UAE export after oil and gas. In 2025, EGA sold 2.84 million tonnes of cast metal. EGA is the only UAE producer and makes the UAE the fifth largest aluminium producing nation in the world.

EGA has more than 400 customers in over 50 countries. In 2025, value-added products accounted for 81 per cent of EGA’s cast metal sales.
EGA’s aluminium is primarily used in the construction, automotive, packaging, aerospace and electronics industries.
Around 10 per cent of EGA’s aluminium production is sold in the UAE to around 20 downstream aluminium companies that make products with EGA’s aluminium. The growing broader aluminium sector in the UAE supports more than 56,000 jobs. EGA itself employs over 7,000 of these people including more than 1,300 UAE Nationals.
EGA has focused on technology development for over 30 years. EGA has used its own technology for every smelter expansion since the 1990s and has retrofitted all its older production lines. In 2016 EGA became the first UAE industrial company to licence its core industrial process technology internationally.
As a corporate citizen of the UAE, EGA aspires in all its operations to be measured amongst the world’s leading metals and mining companies in meeting its environmental and social responsibilities. In 2017, EGA became the first Middle East headquartered company to join the Aluminium Stewardship Initiative, a global programme to foster greater sustainability and transparency in the aluminium industry. In 2019, EGA’s Al Taweelah site became the first in the Middle East to receive certification from ASI for its sustainability practices and performance. EGA’s Jebel Ali site was certified in 2021. Al Taweelah alumina refinery was certified later in 2023. EGA’s German speciality foundry was certified in 2023, before its acquisition by EGA.
In 2021, EGA began production of CelestiAL solar aluminium, produced with solar power from the Mohammed Bin Rashid Al Maktoum Solar Park on the outskirts of Dubai. EGA is the first company in the world to make aluminium commercially using the power of the sun.
EGA was formed in 2014 through the merger of Dubai Aluminium and Emirates Aluminium.
EGA’s Jebel Ali aluminium smelter began production as DUBAL in 1979. At almost five square kilometres, this site is five times bigger than Dubai Mall.

EMAL started production in 2009 and its Al Taweelah aluminium smelter was the largest single-site aluminium smelter in the world when completed. EGA’s Al Taweelah site is five times bigger than Al Maryah Island at six square kilometres.
EGA began production at Al Taweelah alumina refinery in April 2019. EGA’s alumina refinery is the first in the UAE and only the second in the Middle East. The project reduces the UAE’s dependence on imported alumina and supplies over 46 per cent of EGA’s needs.

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