Egypt Aluminum plans $750-900M smelter expansion at Nag Hammadi with Trafigura

Egypt Aluminum (Egyptalum) signed a term sheet with Trafigura and Metallurgical Industries Holding Company to build a new 300,000-tonne-per-annum primary aluminum smelter and a 150,000-tonne-per-annum anode plant at its Nag Hammadi complex in Egypt. The investment is estimated at $750-900 million, nearly doubling capacity to 600,000 tonnes/year.

“The company has signed a term sheet with global commodities trader Trafigura and the state-owned Metallurgical Industries Holding Company (MIH) to develop a new primary aluminum smelter and anode plant, with total investment estimated at between USD 750 million and USD 900 million.”ad-hoc-news.de

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• ad-hoc-news.deEgypt Aluminum stock (EGS3E181C010): Trafigura-backed $750–900 million smelter expansion in EgyptRafael MüllerMay 10, 2026

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