$4.5 Billion Expansion Secures Global Future for EMAL

ABU DHABI, UAE, July 24, 2011 -

- The Investment Will Almost Double
EMAL’s Production Capacity to 1.3 Million Tonnes

Emirates Aluminium (EMAL) has announced that Phase II of its
operational plan will go ahead after the company’s board of
directors approved a $4.5bn investment, based on the success in
reaching full production of the smelter’s Phase I. On completion of
Phase II, the aluminium smelter’s annual capacity will rise to 1.3
million metric tonnes, making EMAL one of the largest single-site
producers of primary aluminium in the world.

Saaed Fadhel Al Mazrooei, President and CEO of EMAL said: “This
is a very significant moment for EMAL and the UAE. In just three
years, EMAL has become a global competitor in the aluminium
industry. Phase II will equip EMAL to grow the global customer base
we have already established. It is also a clear demonstration of
the confidence we have in the future market for aluminium and in
EMAL to deliver to our customers.”

The EMAL Phase II project will entail the construction of a new
potline within the EMAL complex at Al Taweelah, Abu Dhabi. The line
will comprise 444 reduction cells powered by increasing the onsite
power plant capacity to 3,000MW, which will yield an additional
annual production capacity of 520,000 metric tonnes. The new
generation DX+ Reduction Technology (developed in-house by Dubai
Aluminium Company Limited) will be installed, which operates at 420
kA and offers substantial benefits in terms of energy-efficiency
and environmental protection.

Simultaneously, the technology installed in EMAL Phase I will be
upgraded - a project that will take the production yield from the
existing 756 cells (in two potlines) by 50,000 metric tonnes a year
to 800,000 metric tonnes by the end of 2012. This will boost EMAL’s
total production capacity to around 1.3 million metric tonnes by
the end of 2014.

For further Information, please contact:

Rosine Feghali- Emirates Aluminium
Tel: +971-02 509 2290
Email: rosine@emal.ae

Nick Langmead, Impact Porter Novelli
Tel: +971-04 330 4030
Email: n.langmead@ipn.ae

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