# 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.

- Type: Expansion
- Announced: 2026-05-06
- Where: Nag Hammadi, Egypt
- Value: $825.0M
- Status: announced
- Capacity: 300,000 tonnes/year (new smelter), 150,000 tonnes/year (anode plant)
- Products: primary aluminum, anodes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Egypt Aluminum](https://endata.com/companies/91857.md)
- [Trafigura](https://endata.com/companies/46947.md) (investor)
- [Metallurgical Industries Holding Company](https://endata.com/companies/91764.md) (partner)

## Sources

- [ad-hoc-news.de](https://www.ad-hoc-news.de/boerse/news/ueberblick/egypt-aluminum-stock-egs3e181c010-trafigura-backed-750-900-million-smelter-expansion-in-egypt/69300478), 2026-05-10: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.