Emirates Global Aluminium to acquire German aluminium recycler Leichtmetall, aligning with EGA's net-zero emissions goal and establishing a recycling presence.

Emirates Global Aluminium (EGA), the world's largest 'premium aluminium' producer, plans to acquire 100% of German aluminium recycling firm, Leichtmetall Aluminium Giesserei Hannover, in a deal expected to close in H1 2024. The acquisition will establish EGA's presence in recycling, aligning with its goal to achieve net-zero greenhouse gas emissions by 2050, and will position EGA closer to its European customers, contributing to the circular economy. Leichtmetall uses renewable energy in its production process.