BRIEF-EGA Reports Strong Early Progress In Al Taweelah Restart And Updates On Business Performance

July 2 (Reuters) - EMIRATES GLOBAL ALUMINIUM:

  • REPORTS STRONG EARLY PROGRESS IN AL TAWEELAH RESTART AND UPDATES ON BUSINESS PERFORMANCE

  • EGA - AL TAWEELAH SITE SUSTAINED SIGNIFICANT DAMAGE ON 28 MARCH AS IRANIAN ATTACKS ON KHALIFA ECONOMIC ZONE ABU DHABI LED TO AN EMERGENCY SHUTDOWN

  • EGA - TWO EMPLOYEES SUSTAINED INJURIES REQUIRING HOSPITALISATION AND HAVE SINCE BEEN DISCHARGED TO CONTINUE THEIR RECOVERIES

  • EGA - REPAIRS TO DAMAGED INFRASTRUCTURE HAVE PROGRESSED RAPIDLY

  • EGA - BASIC UTILITIES RESTORED ACROSS SITE, WITH NATURAL GAS AND ELECTRICITY AVAILABILITY PROJECTED TO RAMP-UP IN LINE WITH NEEDS OF RESTART PROGRAMME

  • EGA - HOT METAL PRODUCTION WILL GRADUALLY RAMP-UP AS REDUCTION CELLS ARE PROGRESSIVELY RESTORED AND COULD TAKE UP TO A YEAR TO REACH PRE-INCIDENT LEVELS

  • EGA - AL TAWEELAH CASTHOUSE PRODUCED ITS FIRST CAST METAL ON 4 MAY

  • EGA - AT AL TAWEELAH ALUMINA REFINERY, FIRST ALUMINA PRODUCTION IS EXPECTED EARLY IN Q3

  • EGA - RAMP-UP OF HOT METAL PRODUCTION IS NOT EXPECTED TO DEPEND ON FULL RAMP-UP AT AL TAWEELAH ALUMINA REFINERY

  • EGA - EGA’S JEBEL ALI SITE CONTINUES ALUMINIUM PRODUCTION AT FULL CAPACITY


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