EGA and Century Aluminum finalize joint venture for $4B Oklahoma primary smelter

In January 2026, Century Aluminum acquired a 40% stake alongside Emirates Global Aluminium (60%) to construct a 750,000-ton primary smelter in Inola, Oklahoma. Site engineering is underway with construction slated for late 2026, aiming to more than double domestic primary production. While serving as a major structural offset to U.S. import dependence, volume deliveries will not materialize until the end of the decade.