World’s 3rd largest producer
Aluminium production growth in the Gulf region is driven by the need to diversify the oil rent and the readily available natural gas, and the modern environmentally-friendly reduction cell technologies. With substantial growth in construction and infrastructure, manufacturing and utilities, the demand for aluminium is rapidly rising in this region with a growth rate of 8.4% compared to a global average growth rate of 3.7% per annum.
Smelter projects in the Middle East have competitive power tariffs due to the region’s large reserves of natural gas. The prime location allows export commitments to global markets to be easily accessible.
For the Gulf region, aluminium is a way to export large volumes of stranded energy, natural gas, while generating wealth domestically. Their smelters are known to be among the most technically advanced and to have the lowest operation and construction costs.
energy sources for
number of smelters
Data 2015 / March 2017
Prime location allows exports to global markets
By 2020, more than 9% of the worldwide aluminium will be produced in the Gulf region