Emirates Global Aluminium said the March attack and ensuing shutdown at its Al Taweelah complex accounted for a $53 million EBITDA impact in the first nine months of 2026, when reported EBITDA totaled $1.519 billion.
The company’s adjusted EBITDA was $1.572 billion, down 10% from $1.738 billion a year earlier.
Revenue declined 16% to $5.282 billion from $6.279 billion. Aluminium sales fell 36% to 1.327 million tonnes from 2.083 million tonnes in the same period of 2025, a drop EGA linked to lower metal availability and outbound shipping constraints. The figures continue EconoTimes’ earlier coverage of the sales decline and export limits.
EGA said an Iranian attack on Khalifa Economic Zone Abu Dhabi on March 28 prompted an emergency shutdown of all Al Taweelah facilities. Cast metal production was 1.376 million tonnes, down 35% from a year earlier, while alumina production fell 49% to 899,000 tonnes.
Higher realized aluminium prices, a larger share of value-added products and cost controls partly offset the lower sales volume, EGA said. Its adjusted EBITDA margin increased to 29.8% from 27.7%, and value-added products made up 88% of sales, compared with 83% a year earlier.
The restart had reached 766 of Al Taweelah’s 1,262 reduction cells, EGA said. The company is targeting completion in the first quarter of 2027 and estimates restoration capital spending at about $400 million, with most expected in 2026 and some in 2027.
