UAE acquires Guinea Alumina

Dubai Aluminium (Dubal) and Mubadala Development Company secured full ownership of Guinea Alumina Corporation (GAC), having completed the acquisition of the remaining project interests in the joint venture from Global Alumina Corporation and BHP Billiton.

This follows the recent announcement of the creation of Emirates Global Aluminium (EGA), which will become the world's fifth largest aluminium company through integrating the businesses of Dubal and Emirates Aluminium (Emal).

The GAC acquisition also underscores EGA's plans for significant local and international expansion.