Oklahoma Inks Deal with UAE Company to Build $4B Aluminum Smelting Facility
- On May 16, Governor Kevin Stitt announced that Emirates Global Aluminum will invest $4 billion to build a new aluminum production plant in Oklahoma.
- This investment follows a memorandum of understanding signed last month and will proceed if the Oklahoma Legislature approves the outlined terms.
- The facility, spanning more than 350 acres at Tulsa Port of Inola, will manufacture billets, ingots of sheet metal, ultra-pure aluminum, and casting alloys, establishing it as the largest operation of its type in the United States.
- Governor Stitt described the occasion as a significant milestone for Oklahoma and expressed enthusiasm about Emirates Global Aluminum establishing operations in the state, with the new facility anticipated to generate around 1,000 direct employment opportunities.
- The project supports President Trump's goal to onshore critical mineral supply chains and positions Oklahoma as a key U.S. Center for aluminum production and manufacturing growth.
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Oklahoma inks deal with UAE company to build $4B aluminum smelting facility
Oklahoma state officials have announced a deal with a private company in the United Arab Emirates for a $4 billion aluminum manufacturing facility in northeast Oklahoma.
·United States
Read Full ArticleUAE-based aluminum producer to invest $4B at Tulsa Port of Inola
The Oklahoma Department of Commerce and Governor Kevin Stitt announced a company based in the United Arab Emirates will invest $4 billion in the Tulsa Port of Inola on May 16. Emirates Global Aluminium is an aluminium production company. It plans to build a new production plant on 350 acres at the port. Stitt said the plant is expected to create 1,000 direct jobs and 1,800 indirect jobs. This is a monumental day for Oklahoma, said Governor Kevin…
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