{"version":"1","article":{"id":"uae-sunstone-ega-anode-facility-investment-mou-2026","slug":"uae-sunstone-ega-anode-facility-investment-mou-2026","language":"en","url":"https://haberpaper.com/en/news/uae-sunstone-ega-anode-facility-investment-mou-2026","api_url":"https://haberpaper.com/api/v1/articles/uae-sunstone-ega-anode-facility-investment-mou-2026?lang=en","title":"UAE signs support agreement for Sunstone’s planned aluminium anode plant","summary":"The Investment Ministry will help Sunstone establish and license its UAE operation after a planned $300 million joint venture with EGA was announced.","category":"business","region":"world","topics":[],"published_at":"2026-10-05T02:55:20+03:00","modified_at":"2026-10-05T02:55:20+03:00","publication_basis":"publication-record","event_period":"2026-09-07","event_period_basis":"event-or-reference-period","sources":[{"name":"Emirates News Agency (WAM)","url":"https://www.wam.ae/en/article/c24l28o-sunstone-development-establishes-anode-production","publishedAt":"2026-09-07","checkedAt":"2026-10-05"},{"name":"Emirates Global Aluminium","url":"https://media.ega.ae/ega-and-sunstone-to-begin-construction-of-anode-manufacturing-plant-in-uae-in-2026/","publishedAt":"2025-12-16","checkedAt":"2026-10-05"},{"name":"Emirates News Agency (WAM), Arabic edition","url":"https://www.wam.ae/ar/article/c24kugd-%D8%B5%D9%86%D8%B3%D8%AA%D9%88%D9%86-%D8%A7%D9%84%D8%B5%D9%8A%D9%86%D9%8A%D8%A9-%D8%AA%D8%A4%D8%B3%D8%B3-%D9%85%D8%B5%D9%86%D8%B9%D8%A7-%D9%84%D8%A5%D9%86%D8%AA%D8%A7%D8%AC-%D8%A3%D9%82%D8%B7%D8%A7%D8%A8-%D8%A7%D9%84%D9%83%D8%B1%D8%A8%D9%88%D9%86","publishedAt":"2026-09-07","checkedAt":"2026-10-05"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/uae-sunstone-ega-anode-facility-investment-mou-2026","api_url":"https://haberpaper.com/api/v1/articles/uae-sunstone-ega-anode-facility-investment-mou-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/uae-sunstone-ega-anode-facility-investment-mou-2026","api_url":"https://haberpaper.com/api/v1/articles/uae-sunstone-ega-anode-facility-investment-mou-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/uae-sunstone-ega-anode-facility-investment-mou-2026","api_url":"https://haberpaper.com/api/v1/articles/uae-sunstone-ega-anode-facility-investment-mou-2026?lang=ar"}],"data_types":[],"data":null,"data_compilations":[],"data_downloads":[],"content":{"paragraphs":["The United Arab Emirates Ministry of Investment and China-based Sunstone Development signed a memorandum on 7 September 2026 to support the establishment of an anode-production facility in the UAE. The document, signed by ministry Under-Secretary Mohammad Abdulrahman Alhawi and Sunstone Chairman Lang Guanghui, provides for coordination with relevant authorities on company establishment and licensing. The ministry also said it would connect Sunstone with free zones and industrial parks, port operators, customs authorities and business organisations. The announcement records a support framework; it does not mean that the factory has opened or construction has begun.","The memorandum follows a joint-venture agreement between Sunstone and Emirates Global Aluminium (EGA) in December 2025. EGA said the partners planned to invest about $300 million, with Sunstone holding 55% and EGA 45%. The proposed plant is designed for annual production of 300,000 tonnes of prebaked anodes. Construction was expected to start during 2026, with first production possible as early as 2028. Those figures remain company plans and capacity targets; the September memorandum alone does not confirm that they have been delivered.","Anodes are a key input in the smelting process used to make primary aluminium. EGA has said it produces about 1.35 million tonnes of anodes a year at its Jebel Ali and Al Taweelah plants and imports the remainder of its requirement. Output from the proposed facility is intended to replace most of EGA’s present anode imports. The project is also linked to the UAE’s policy of expanding domestic industrial supply and creating capacity that could serve export markets. The company announcement did not give a firm purchase volume for sales to other aluminium producers.","The practical contribution of the September memorandum is government facilitation for an industrial investment already announced by the partners. Introductions to industrial parks or free zones, coordination on licences and access to customs and port operators can matter when a project depends on imported equipment, feedstock and outbound shipping. The release does not identify a final site, confirm land or power contracts, name a construction contractor, or state when the planned investment will be disbursed. The memorandum should therefore be distinguished from the plant’s construction and production milestones.","The project can be followed as an effort to localise a key intermediate input for aluminium production in the UAE. Useful delivery indicators will include a confirmed construction start, commissioning, actual annual output, any change in EGA’s imported anode volumes and sales to third-party smelters. The approximately $300 million figure is the joint venture’s announced planned investment, not spending confirmed for September 2026. The verified new development is that the Investment Ministry signed a formal support framework intended to ease Sunstone’s establishment and licensing in the country."],"key_points":[],"sections":[]},"text":"The Investment Ministry will help Sunstone establish and license its UAE operation after a planned $300 million joint venture with EGA was announced.\n\nThe United Arab Emirates Ministry of Investment and China-based Sunstone Development signed a memorandum on 7 September 2026 to support the establishment of an anode-production facility in the UAE. The document, signed by ministry Under-Secretary Mohammad Abdulrahman Alhawi and Sunstone Chairman Lang Guanghui, provides for coordination with relevant authorities on company establishment and licensing. The ministry also said it would connect Sunstone with free zones and industrial parks, port operators, customs authorities and business organisations. The announcement records a support framework; it does not mean that the factory has opened or construction has begun.\n\nThe memorandum follows a joint-venture agreement between Sunstone and Emirates Global Aluminium (EGA) in December 2025. EGA said the partners planned to invest about $300 million, with Sunstone holding 55% and EGA 45%. The proposed plant is designed for annual production of 300,000 tonnes of prebaked anodes. Construction was expected to start during 2026, with first production possible as early as 2028. Those figures remain company plans and capacity targets; the September memorandum alone does not confirm that they have been delivered.\n\nAnodes are a key input in the smelting process used to make primary aluminium. EGA has said it produces about 1.35 million tonnes of anodes a year at its Jebel Ali and Al Taweelah plants and imports the remainder of its requirement. Output from the proposed facility is intended to replace most of EGA’s present anode imports. The project is also linked to the UAE’s policy of expanding domestic industrial supply and creating capacity that could serve export markets. The company announcement did not give a firm purchase volume for sales to other aluminium producers.\n\nThe practical contribution of the September memorandum is government facilitation for an industrial investment already announced by the partners. Introductions to industrial parks or free zones, coordination on licences and access to customs and port operators can matter when a project depends on imported equipment, feedstock and outbound shipping. The release does not identify a final site, confirm land or power contracts, name a construction contractor, or state when the planned investment will be disbursed. The memorandum should therefore be distinguished from the plant’s construction and production milestones.\n\nThe project can be followed as an effort to localise a key intermediate input for aluminium production in the UAE. Useful delivery indicators will include a confirmed construction start, commissioning, actual annual output, any change in EGA’s imported anode volumes and sales to third-party smelters. The approximately $300 million figure is the joint venture’s announced planned investment, not spending confirmed for September 2026. The verified new development is that the Investment Ministry signed a formal support framework intended to ease Sunstone’s establishment and licensing in the country.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"}}}