Emirates Aluminium, known as Emal, took another step towards becoming the world’s biggest single site aluminium smelter yesterday as its third production line made its first hot metal.
Completed three months ahead of schedule, the line is part of Emal’s Phase II expansion project, which will boost production to 1.3 million tonnes of aluminium per year from 800,000 tonnes per year at present. The plant will reach full capacity next May.
The expansion of Emal is part of the Abu Dhabi Government's 2030 plan to diversify the economy and reduce its dependence on oil and gas. The US$6 billion Phase I expansion ran from 2007 to 2011. On its completion, Emal decided to almost double its annual production by expanding for a second time.
The metal produced by Emal contributed 0.4 per cent to the UAE’s GDP in 2012 and 2013. As many as 1,000 additional jobs will be created by the end of the Phase II expansion, in addition to the 2,000 jobs that already exist.
“Reaching first hot metal safer, faster and better not only exceeds the successes achieved in Phase I, but highlights the ability of Emirati excellence to set new industry standards on a global scale,” said Emal’s president and chief executive Saeed Fadhel Al Mazrooei.
Emal was able to build the third pipeline in record time because the company was careful to draw on “lessons learnt” during the Phase 1, said Yousuf Bastaki, an Emal vice president.
Total investment in Phase II is $4.5bn, but the project is also forecast to come in under budget.
Emal has drawn up plans for a Phase III expansion, although it has not yet been given any go-ahead to do so.
“We have the land capacity and a template from our side, but it is not yet something we have discussed with shareholders,” Mr Bastaki said.” The decision to build depends on a decision for our leaders to take.”
Emal currently supplies more than 150 customers around the globe. Mr Bastaki said Emal had signed contracts with an industrial manufacturer and with a firm that makes aluminium rods and extrusion billets in the Emirates.
“Emal is very much committed to support such industries as part of our vision and to support the 2030 Abu Dhabi economic vision,” he said.
Emal is the first anchor tenant of the Khalifa Industrial Zone Abu Dhabi (Kizad) in Taweelah and has the key function of attracting downstream industry to its cluster. The site currently includes a 2,000 megawatts power plant, which will increase to about 3,000 MW by the start of 2014, Mr Bastaki said.
Emal merged with Dubai Aluminium in June to create Emirates Global Aluminium, a company owned in equal parts by Abu Dhabi and Dubai.
As well as having the largest single site production capacity, Emal also has, at 1.7 kilometres, the longest potline, a row of electrolytic cells for reducing certain metals, in the world.
UAE currency: the story behind the money in your pockets
The specs
Engine: 3.8-litre twin-turbo flat-six
Power: 650hp at 6,750rpm
Torque: 800Nm from 2,500-4,000rpm
Transmission: 8-speed dual-clutch auto
Fuel consumption: 11.12L/100km
Price: From Dh796,600
On sale: now
The President's Cake
Director: Hasan Hadi
Starring: Baneen Ahmad Nayyef, Waheed Thabet Khreibat, Sajad Mohamad Qasem
Rating: 4/5
UAE v Zimbabwe A, 50 over series
Fixtures
Thursday, Nov 9 - 9.30am, ICC Academy, Dubai
Saturday, Nov 11 – 9.30am, ICC Academy, Dubai
Monday, Nov 13 – 2pm, Dubai International Stadium
Thursday, Nov 16 – 2pm, ICC Academy, Dubai
Saturday, Nov 18 – 9.30am, ICC Academy, Dubai
Martin Sabbagh profile
Job: CEO JCDecaux Middle East
In the role: Since January 2015
Lives: In the UAE
Background: M&A, investment banking
Studied: Corporate finance
More from Rashmee Roshan Lall
What is a robo-adviser?
Robo-advisers use an online sign-up process to gauge an investor’s risk tolerance by feeding information such as their age, income, saving goals and investment history into an algorithm, which then assigns them an investment portfolio, ranging from more conservative to higher risk ones.
These portfolios are made up of exchange traded funds (ETFs) with exposure to indices such as US and global equities, fixed-income products like bonds, though exposure to real estate, commodity ETFs or gold is also possible.
Investing in ETFs allows robo-advisers to offer fees far lower than traditional investments, such as actively managed mutual funds bought through a bank or broker. Investors can buy ETFs directly via a brokerage, but with robo-advisers they benefit from investment portfolios matched to their risk tolerance as well as being user friendly.
Many robo-advisers charge what are called wrap fees, meaning there are no additional fees such as subscription or withdrawal fees, success fees or fees for rebalancing.
Mountain%20Boy
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What the law says
Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.
“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.
“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”
If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.
The specs: Fenyr SuperSport
Price, base: Dh5.1 million
Engine: 3.8-litre twin-turbo flat-six
Transmission: Seven-speed automatic
Power: 800hp @ 7,100pm
Torque: 980Nm @ 4,000rpm
Fuel economy, combined: 13.5L / 100km
Company%20profile
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Dr Afridi's warning signs of digital addiction
Spending an excessive amount of time on the phone.
Neglecting personal, social, or academic responsibilities.
Losing interest in other activities or hobbies that were once enjoyed.
Having withdrawal symptoms like feeling anxious, restless, or upset when the technology is not available.
Experiencing sleep disturbances or changes in sleep patterns.
What are the guidelines?
Under 18 months: Avoid screen time altogether, except for video chatting with family.
Aged 18-24 months: If screens are introduced, it should be high-quality content watched with a caregiver to help the child understand what they are seeing.
Aged 2-5 years: Limit to one-hour per day of high-quality programming, with co-viewing whenever possible.
Aged 6-12 years: Set consistent limits on screen time to ensure it does not interfere with sleep, physical activity, or social interactions.
Teenagers: Encourage a balanced approach – screens should not replace sleep, exercise, or face-to-face socialisation.
Source: American Paediatric Association
Labour dispute
The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.
- Abdullah Ishnaneh, Partner, BSA Law
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
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