In a move aimed at strengthening domestic industrial capabilities, ADNOC has signed a $500 million agreement with Emirates Global Aluminium (EGA) to supply calcined petroleum coke (petcoke)—a critical raw material used in aluminium production.

Under the five-year contract, ADNOC Refining will provide EGA with up to 1.5 million tonnes of petcoke from its Ruwais facility, covering at least 30% of EGA’s total requirements. This supply will enable EGA to produce approximately 3.75 million tonnes of aluminium over the term of the agreement.

“By supplying this vital material locally, we are enhancing the resilience of the national supply chain and reducing reliance on imports,” said Khaled Salmeen, CEO of ADNOC Downstream.

The agreement aligns with the UAE’s In-Country Value (ICV) programme, part of the Operation 300bn strategy, which aims to channel spending into UAE-made goods and services. So far, the ICV programme has directed Dh347 billion ($94.5 billion) into the local economy and created over 22,000 jobs for Emiratis, according to Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology.

ADNOC also reported awarding contracts worth Dh65.7 billion in the first half of the year, supporting nearly 400 local suppliers and service providers. Over the next five years, it plans to invest an additional Dh200 billion through the ICV initiative.

The new deal is expected to enhance the UAE’s position as one of the world’s top aluminium producers. EGA, the country’s largest non-oil industrial exporter, contributes significantly to the national economy, with a total impact of $6.4 billion last year and support for over 52,000 jobs.

“This agreement allows us to secure a key input from within the UAE, amplifying our contribution to the national economy,” said EGA CEO Abdulnasser bin Kalban.