The Emirati aluminium leader EGA is exploring a possible acquisition of Brazil’s Companhia Brasileira de Aluminio (CBA). The company aims to expand its global reach and gain access to new resources. CBA’s strong position in the full aluminium production chain makes it a valuable target.
EGA, the UAE’s premier aluminium producer, jointly owned by Mubadala and the Investment Corporation of Dubai, continues to seek global opportunities. Moreover, it hired Morgan Stanley as its investment adviser for the potential deal. Although talks remain private, EGA reportedly views CBA as a strategic addition to its global network.
CBA operates in seven Brazilian states with a complete production system. It manages bauxite mining, refining, smelting, and aluminium leader. Therefore, the Dubai-based aluminium powerhouse EGA sees the company as an ideal fit for its expansion goals. CBA’s integrated model offers access to raw materials and supports low-carbon production.
One source said that CBA is an “all-inclusive asset” with strong upstream potential. Because the company controls its bauxite supply, it can maintain stable operations and lower costs. As a result, the acquisition could strengthen EGA, the Gulf aluminium major’s supply chain and market competitiveness.
The UAE aluminium titan EGA often evaluates global investment options but avoids commenting on market rumours. Still, many analysts believe this plan fits its long-term strategy to diversify operations. The company continues to expand beyond the Middle East while focusing on sustainable industrial growth.
Earlier, EGA, the Middle East aluminium powerhouse, revealed plans to build a major aluminium smelter in the United States. The $4 billion project aims to revive American primary aluminium production after many years. EGA is now negotiating with U.S. authorities to secure energy deals and tax benefits for the project.
Recently, the UAE industrial aluminium leader EGA also reported a profit decline due to market volatility and new corporate taxes. However, the company remains confident in its future growth. It continues to focus on international expansion and renewable production to stay competitive.
In conclusion, EGA, the Emirates’ aluminium champion, views the CBA deal as a key global growth move. Through smart investments and global cooperation, EGA plans to strengthen its position as a leading aluminium producer.
