UAE Global Aluminum said it is expected to invest about 400 million US dollars to resume production at the beginning of next year after a large-scale smelter was shut down due to an Iranian missile and drone attack in March of this year. Currently, regional enterprises are bearing the chain shock brought about by the war, and the global economy is also under pressure. UAE Global Aluminum is one of the world's top high-end aluminum producers. The company said on Wednesday that the Altawilla plant in Abu Dhabi was severely damaged during the March 28 attack and production was forced to shut down urgently. The plant area has a large electrolytic aluminum smelter, as well as an alumina refinery that supplies raw materials for the smelter. When releasing its half-year financial report, UAE Global Aluminum said that the company has begun the resumption of production at the Altavilla plant. It is expected that liquid aluminum production capacity will gradually return to pre-attack levels in the first quarter of 2027, and the cost of resuming production will be about 400 million US dollars.

UAE Global Aluminum said it is expected to invest about 400 million US dollars to resume production at the beginning of next year after a large-scale smelter was shut down due to an Iranian missile and drone attack in March of this year. Currently, regional enterprises are bearing the chain shock brought about by the war, and the global economy is also under pressure. UAE Global Aluminum is one of the world's top high-end aluminum producers. The company said on Wednesday that the Altawilla plant in Abu Dhabi was severely damaged during the March 28 attack and production was forced to shut down urgently. The plant area has a large electrolytic aluminum smelter, as well as an alumina refinery that supplies raw materials for the smelter. When releasing its half-year financial report, UAE Global Aluminum said that the company has begun the resumption of production at the Altavilla plant. It is expected that liquid aluminum production capacity will gradually return to pre-attack levels in the first quarter of 2027, and the cost of resuming production will be about 400 million US dollars.