Egypt Aluminum

What Egypt Aluminum does

Egypt Aluminum (Egyptalum, legal name: Aluminium Company of Egypt) is Egypt's sole producer of primary aluminum and one of the largest integrated aluminum complexes in North Africa. Founded in 1969 and headquartered at Naga Hammadi, Qena Governorate, on the banks of the River Nile roughly 100 km north of Luxor, Egyptalum operates a vertically integrated production chain consisting of a 320,000-tonne-per-year primary smelter (12 production wards and 552 pre-baked cells, fully rehabilitated by April 2010), cast houses producing slabs, ingots, T-bars and billets, a rolling mill, an extrusion plant, an anode plant producing calcined coke and anode blocks, and — as of January 2026 — a new Properzi-supplied wire production line. The complex is strategically sited next to the High Dam Power Transformers Station (500 kV) for reliable electricity supply and the Port of Safaga on the Red Sea for alumina and green coke imports. Commercial offices and warehouses are maintained in Cairo and Alexandria.

Egyptalum is a publicly traded company on the Egyptian Exchange under the ticker EGAL, government-controlled through parent Metallurgical Industries Holding Company (MIH), with a market capitalization of approximately $2.1 billion (Forbes Middle East, 2026). It is one of the largest industrial employers in Upper Egypt, with a 5,001–10,000 employee range and a self-contained workers' residential city at the Naga Hammadi site. Revenue is generated almost entirely through direct B2B sales of primary and semi-fabricated aluminum — sold 295,000 tonnes generating $870 million in FY 2024/2025 — to industrial manufacturers serving construction, electrical, packaging, and general manufacturing segments, with international export exposure as well. Pricing is not publicly disclosed but tracks LME aluminum benchmarks plus regional premiums.

Forward strategy centers on capacity doubling (announced $1.3 billion plan for an additional 300,000 tpa), a Trafigura-led joint venture for a further 300,000 tpa primary smelter and 150,000 tpa anode plant ($750–900M), an MoU with Aluminium Bahrain (Alba) for a $3 billion alumina refinery, and 1–1.1 GW of dedicated solar-plus-storage capacity (Scatec, Norfund, EDF) to ensure CBAM-compliant exports. These moves position Egyptalum as a regional hub for low-carbon, vertically integrated primary aluminum.

Name

Egypt Aluminum

Legal name

Aluminium Company of Egypt

Website

https://egyptalum.com.eg

Company type

Public

Founded year

1969

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Egyptalum is Egypt's sole primary aluminum producer, operating a vertically integrated 320,000-tonne-per-year smelter and downstream facilities (cast houses, rolling mill, extrusion, anode plant, wire rod) at Naga Hammadi, selling to industrial, construction, and electrical manufacturers domestically and internationally.

Ownership category

akta.pro rank

Product category

Primary Aluminum Production

NAICS

Alumina Refining and Primary Aluminum Production (331313), Alumina and Aluminum Production and Processing (33131), Other Aluminum Rolling, Drawing, and Extruding (331318), Aluminum Sheet, Plate, and Foil Manufacturing (331315)

SIC

Primary Production Of Aluminum (3334), Sheet Metal Work (3444), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Primary Aluminum Smelting (IMAKACAC)

akta.pro secondary industries

Aluminum Casting & Ingot/Billet/Slab Production (IMAKACAE), Aluminum Extrusion (IMAKACAG), Aluminum Value-Added Components (Automotive, Aerospace, Packaging, Building Systems) (IMAKACAM), Aluminum Project Development, Engineering & EPC (Smelters/Refineries) (IMAKACAO)

Keywords

• Primary aluminum production
• Aluminum smelting
• Aluminum cast houses
• Aluminum rolling mill
• Aluminum extrusion

Headquarters

HQ city

Cairo

HQ country

Egypt

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Aluminum Production and Sales: Egyptalum is the sole producer of primary aluminum in Egypt, selling aluminum products including ingots, T-bars, slabs, billets, wire rod, and rolling mill products. Sold 295,000 tonnes worth $870 million in FY 2024/2025.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Egypt Aluminum (Egyptalum) is the sole producer of primary aluminum in Egypt, operating a vertically integrated aluminum complex at Nag Hammadi with 320,000 tonnes of annual smelting capacity. The company produces and sells raw and semi-finished aluminum products including ingots, T-bars, slabs, billets, wire rod, rolling mill products, and extruded profiles to industrial customers domestically and internationally.

Product overview

Egypt Aluminum (Egyptalum) is Egypt's sole producer of primary aluminum and one of the largest in North Africa. The company operates a vertically integrated aluminum production complex at Nag Hammadi consisting of a 320,000-ton-per-year smelter, cast houses (producing slabs, ingots, T-bars, and billets), a rolling mill, an extrusion plant, and an anode plant. The product portfolio spans from raw aluminum production through semi-fabricated products including wire rod.

Differentiator

Problem solved

Functional benefit

Brands

• Egyptalum: The commercial brand/trading name for Aluminium Company of Egypt used on the company website and in business operations.

Products and services

• Primary Aluminum Smelter (Nag Hammadi) Primary aluminum smelter facility with 12 production wards and 552 cells producing 320,000 tons annually of raw and semi-forged aluminum, located in Nag Hammadi, Qena Governorate. Serves domestic and international industrial aluminum buyers.
• Cast Houses Products

Quantifiable outcome

• 320,000 tonnes annual production capacity
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core, minor and major.

• ScateccoreStrategic or Co-development Partner · 24 June 2026Norwegian energy group Scatec partnering to develop 1 GW solar-plus-storage plant for Egyptian Aluminium Company to help comply with EU's Carbon Border Adjustment Mechanism (CBAM). Part of up to $5 billion clean energy investment planned for Egypt.
• TrafiguracoreStrategic or Co-development Partner · 6 May 2026Commodity trading giant Trafigura entered exclusive negotiations with Egyptian Aluminium Company (Egyptalum) and Metallurgical Industries Holding Company (MIH) for a major aluminum smelter project at Nag Hammadi complex comprising 300,000 tpa primary smelter and 150,000 tpa anode plant with $750-900 million investment. Trafigura to participate as minority investor, debt provider, and counterparty for long-term raw material supply and production off-take agreements.
• Metallurgical Industries Holding Company (MIH)coreStrategic or Co-development Partner · 6 May 2026Government holding company partnering with Trafigura and Egyptalum for the Nag Hammadi aluminum smelter expansion project.
• Chapter Zero EgyptminorStrategic or Co-development Partner · 17 November 2025Strategic collaboration with Chapter Zero Egypt and The Egyptian Exchange to enhance climate governance and sustainability practices.
• Aluminium Bahrain (Alba)majorStrategic or Co-development Partner · 1 September 2025Memorandum of understanding signed with Aluminium Bahrain (Alba) to conduct a feasibility study for a $3 billion alumina refining plant in Egypt.

Scale indicators7 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• China Hongqiao Group: World's largest private-sector primary aluminum producer. Comparable vertically-integrated model spanning alumina-aluminum, and a key global price-setter for LME aluminum.
• South32 (Mozal Aluminium): Operator of Mozal Aluminium in Mozambique, an African primary aluminum smelter. Directly comparable as an African producer with similar export market dynamics and primary aluminum focus.
• Vedanta Aluminium: India's largest primary aluminum producer, also integrated from bauxite mining through value-added products. Comparable operational footprint and downstream product range.
• Emirates Global Aluminium (EGA): UAE-based primary aluminum giant with integrated bauxite-alumina-aluminum operations and downstream casting. Closest geographic and operational peer to Egyptalum in the Gulf region.
• Aluminium Bahrain (Alba): One of the world's largest primary aluminum smelters, also based in the Middle East. Directly comparable as a regional primary aluminum producer and Egyptalum's partner on the $3B alumina refining MoU.
• Qatar Aluminium (Qatalum): Primary aluminum smelter in Qatar with similar pre-baked cell technology and Gulf-region positioning. Operates at comparable scale and serves overlapping export markets in Europe, Asia, and MENA.

Broad incumbents

• Alcoa Corporation: Global integrated aluminum major with primary smelting, alumina refining, and downstream operations. Listed global benchmark for the aluminum industry with direct exposure to CBAM and decarbonization trends.
• Norsk Hydro: Norwegian integrated aluminum producer with leading low-carbon primary aluminum positioning. Highly relevant benchmark for Egyptalum's CBAM-driven renewable energy pivot via Scatec/Norfund/EDF.
• Hindalco Industries (Novelis parent): India-headquartered integrated aluminum and copper major with primary smelting plus rolling/extrusion downstream. Comparable in vertical integration and downstream value-added mix.
• RUSAL: World's largest primary aluminum producer outside China. Comparable in primary smelting scale and global export orientation; relevant peer on LME pricing dynamics and CBAM exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Egypt Aluminum