EGA Spectro Alloys Signs Major Contract for Scrap Recycling Equipment, Expanding US Capacity

Published: Feb 13, 2026 23:09

Save

According to foreign media: Recently, Emirates Global Aluminium Spectro Alloys (EGA Spectro Alloys) signed a major contract with Presezzi Extrusion, under which the latter will supply core scrap recycling equipment for the former. This marks an important milestone in the company's ongoing efforts to advance aluminum processing technology.

Since 2024, Emirates Global Aluminium (EGA) has held an 80% stake in Spectro Alloys. The company is currently further expanding its aluminum recycling capacity in Minnesota, US. In July 2025, the company completed a large-scale expansion, increasing the total annual production of secondary aluminum billets to 120 million pounds.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

SMM Chinese New Year Holiday Price Update Notice

As the Chinese New Year holiday is around the corner, Shanghai Metals Market (SMM) hereby informs you of our metal price update arrangement during the holiday period to ensure you can make proper arrangements for your work and business.

1 hour ago

10 hours ago

SMM Analysis: Jan Aluminum Billet Output Slumps, Feb Production to Hit 4-Year Low

[SMM Analysis: Primary Aluminum Billets Operation in January Weaker Than Expectations, February Production May Hit a Nearly Four-Year Low] Domestic primary aluminum billets operation in January performed weaker than expectations. According to SMM data...

10 hours ago

Novelis Reports Q3 Results: Oswego Fire Reduces Shipments, Impacts Earnings

Novelis recently released its fiscal 2026 Q3 results, highlighting the impact of the fire at its Oswego plant. The production disruption at the Oswego plant is expected to reduce shipments by 72,000 mt. This resulted in a pre-tax negative impact of $54 million on adjusted EBITDA and net loss. The net loss was further affected by a pre-tax loss of $327 million related to the fire. Despite the decline in paired volume, net sales increased 3% YoY to $4.2 billion, primarily driven by higher average aluminum prices.

10 hours ago