Alcoa Corp., a leading aluminum producer in the US, said in a statement that it has signed an eight-year agreement with Emirates Global Aluminium (EGA) for a supply of 15.6 million tons of smelter-grade alumina from the Western Australia operation.
The supply agreement will start in 2024. It will account for a significant portion of Alcoa's annual third-party alumina sales, and it will make Alcoa become EGA’s largest third-party alumina supplier.
Under the agreement, there are options for EGA to choose Alcoa’s low-carbon alumina EcoSource?, the first and only low-carbon alumina brand in the world, whose average carbon dioxide equivalent (CO2e) intensity is below 0.6 tons per ton of alumina produced.
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