ABU DHABI: Two Middle Eastern aluminium producers were hit by Iranian attacks on Saturday, underscoring the growing strain on the global economy as the war disrupts key industries.
The region's largest producer, Emirates Global Aluminium (EGA), said it suffered "significant damage" at its Abu Dhabi site, while Aluminium Bahrain said it was assessing the impact on its facility.
The strikes mark another blow to the region's commodity sector, with exports already constrained by the effective closure of the Strait of Hormuz. Beyond shipping disruptions, direct damage to industrial infrastructure could delay a return to normal operations even after the conflict ends.
Aluminium prices, which were already on the rise before the war, have climbed further as traders anticipate tighter supplies and shrinking global inventories. The Middle East accounts for about 9% of global output, much of which is now effectively stranded. Higher commodity prices are expected to weigh on the global economy, according to Goldman Sachs.
Also Read: Govt shares key updates on oil, gas shortage, shipping & more amid Israel-Iran war
EGA said it is still evaluating the damage at its Al Taweelah facility in the Khalifa Port industrial zone in Abu Dhabi. The company confirmed injuries among employees but did not say whether operations had been halted.
Earlier, the Abu Dhabi media office reported six injuries from fires caused by ballistic missile interception debris near the Kezad industrial zone. The incident was part of a broader wave of Iranian attacks across Gulf countries, even as the Trump administration pursues ceasefire talks.
EGA, the UAE's largest non-energy industrial firm, operates two smelters in Dubai and Abu Dhabi. Its Al Taweelah plant, located in the Khalifa Economic Zone between the two cities, produced 1.6 million tonnes of metal in 2025.
Also Read: Pentagon prepares for weeks of ground operations in Iran: Report
The company said it has relied on offshore and overseas stockpiles to continue meeting customer demand following the outbreak of war last month.
EGA is also a major international investor and part of the UAE's pledge to invest $1.4 trillion in the United States over the next decade. The UAE is the second-largest aluminium supplier to the U.S. after Canada and is building the first new U.S. smelter in decades in Oklahoma.
The region's largest producer, Emirates Global Aluminium (EGA), said it suffered "significant damage" at its Abu Dhabi site, while Aluminium Bahrain said it was assessing the impact on its facility.
The strikes mark another blow to the region's commodity sector, with exports already constrained by the effective closure of the Strait of Hormuz. Beyond shipping disruptions, direct damage to industrial infrastructure could delay a return to normal operations even after the conflict ends.
Aluminium prices, which were already on the rise before the war, have climbed further as traders anticipate tighter supplies and shrinking global inventories. The Middle East accounts for about 9% of global output, much of which is now effectively stranded. Higher commodity prices are expected to weigh on the global economy, according to Goldman Sachs.
Also Read: Govt shares key updates on oil, gas shortage, shipping & more amid Israel-Iran war
EGA said it is still evaluating the damage at its Al Taweelah facility in the Khalifa Port industrial zone in Abu Dhabi. The company confirmed injuries among employees but did not say whether operations had been halted.
Earlier, the Abu Dhabi media office reported six injuries from fires caused by ballistic missile interception debris near the Kezad industrial zone. The incident was part of a broader wave of Iranian attacks across Gulf countries, even as the Trump administration pursues ceasefire talks.
EGA, the UAE's largest non-energy industrial firm, operates two smelters in Dubai and Abu Dhabi. Its Al Taweelah plant, located in the Khalifa Economic Zone between the two cities, produced 1.6 million tonnes of metal in 2025.
Also Read: Pentagon prepares for weeks of ground operations in Iran: Report
The company said it has relied on offshore and overseas stockpiles to continue meeting customer demand following the outbreak of war last month.
EGA is also a major international investor and part of the UAE's pledge to invest $1.4 trillion in the United States over the next decade. The UAE is the second-largest aluminium supplier to the U.S. after Canada and is building the first new U.S. smelter in decades in Oklahoma.
