Industry analysts foresee a significant surge in global demand for recycled aluminium, projecting an increase from 27 million tonnes per year in 2022 to 57 million tonnes by 2040. This growth is expected to constitute approximately 60 per cent of the global aluminium supply increase between 2022 and 2030, and around 70 per cent between 2030 and 2040.
The recycling plant is designed to transform post-consumer aluminium scrap, including used window frames, and pre-consumer aluminium scrap from extrusion production into premium aluminium billets with low-carbon and high-quality characteristics.
Currently, a substantial amount of aluminium scrap generated in the UAE is exported for processing outside the country, causing economic losses at the national level. With the completion of the recycling plant, EGA aims to become the largest consumer of aluminium scrap in the UAE, further contributing to the nation's economic growth.
Abdulnasser Bin Kalban, the CEO of Emirates Global Aluminium, underlined the importance of aluminium recycling, stating, "Aluminium recycling is key to our metal achieving its enormous potential to contribute to decarbonisation while improving global living standards."
