Commodities

It May Take a Year to Restore Abu Dhabi Aluminum Output, EGA Says

Aluminum billets marked "Made in Abu Dhabi UAE."Photographer: Louise Delmotte/Bloomberg

The Middle East’s biggest aluminum producer said it may take as long as a year to restore full output at its Abu Dhabi plant, following an Iranian attack a week ago.

Emirates Global Aluminium said the Al Taweelah smelter went into emergency shutdown, after suffering significant damage from missiles and drones. The company has completed an initial damage assessment of the facilities in the United Arab Emirates and is in contact with customers whose shipments may be impacted, it said in a statement Friday.