Oman Considers Three Green Aluminum Projects in Duqm SEZ with $6.2B Investment

Published: Apr 21, 2026 10:06

[SMM Aluminum Express News] The Sultanate of Oman is considering the development of up to three aluminium projects at the Special Economic Zone at Duqm (SEZAD).

According to Duqm Economist (OPAZ quarterly newsletter):

The Green Aluminum Project is under study with a planned investment of RO 2.4 billion (~US$6.2 billion). It aims to produce 530,000 tons of green aluminum ingots per year, plus 620,000 tons of aluminum billets and pre-cast slabs using low-carbon technologies and green hydrogen from 2030 onwards.

Two other projects the Geely Green Aluminum Project and the Pearl Green Iron and Aluminum Project are also in the pipeline in partnership with regional investors. Oman is prioritizing green industries and low-carbon aluminum and iron production in Duqm.

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
Changes in China's Alumina Import and Export Volumes in March 2026
22 mins ago
Changes in China's Alumina Import and Export Volumes in March 2026
Read More
Changes in China's Alumina Import and Export Volumes in March 2026
Changes in China's Alumina Import and Export Volumes in March 2026
In March 2026, China’s alumina imports and exports showed significant changes: imports totaled 338,300 metric tons, an 86.9% increase from the previous month, but a substantial 2,928.8% increase year-over-year; exports totaled 209,400 metric tons, a 43% increase from the previous month, but a 29.4% decrease year-over-year.
22 mins ago
Rio Tinto Boosts Canadian Smelter Output Amid Rising U.S. Demand and Global Aluminum Price Surge
22 mins ago
Rio Tinto Boosts Canadian Smelter Output Amid Rising U.S. Demand and Global Aluminum Price Surge
Read More
Rio Tinto Boosts Canadian Smelter Output Amid Rising U.S. Demand and Global Aluminum Price Surge
Rio Tinto Boosts Canadian Smelter Output Amid Rising U.S. Demand and Global Aluminum Price Surge
[SMM Aluminum Express News] Rio Tinto is ramping up output at its Canadian smelters to meet rising U.S. demand, as the Middle East conflict drives up global aluminum prices and highlights supply chain risks. The company’s six smelters in Quebec (Saguenay region) and Kitimat, B.C., are already running near full capacity. Staff are now restarting idle pots to maximize production, according to Jérôme Pécresse, head of Rio Tinto’s aluminum and lithium business. Pécresse warned that the U.S.-Israel vs Iran conflict “is going to create a supply gap at some stage.”
22 mins ago
Indonesian Bauxite Association Warns of Supply-Refining Imbalance, Proposes Digital Price Locking System
32 mins ago
Indonesian Bauxite Association Warns of Supply-Refining Imbalance, Proposes Digital Price Locking System
Read More
Indonesian Bauxite Association Warns of Supply-Refining Imbalance, Proposes Digital Price Locking System
Indonesian Bauxite Association Warns of Supply-Refining Imbalance, Proposes Digital Price Locking System
[SMM Aluminum Express News] The Indonesian Bauxite Association (ABI) has warned of a potential imbalance between domestic bauxite supply and the rapid expansion of alumina refining capacity. Chairman Ronald Sulistyanto said the association mentioned that annual domestic bauxite supply should ideally not exceed 40 million tons, and alumina production capacity be 12–15 million tons per year (maximum 7 refineries). He noted that 4 alumina refineries are currently operating. The biggest issue, according to Ronald is widespread non-compliance with the Mineral Benchmark Price (HPM) by downstream players, which is hurting upstream miners’ margins. As a solution, ABI is proposing a digital transaction locking system that will automatically block payments if the price falls below the official HPM.
32 mins ago