Emirates Global Aluminium Smelter Hit by Missile, Threatening 9% of Global Supply
Emirates Global Aluminium’s Al Taweelah smelter sustained significant damage from an Iranian missile and drone strike, injuring several employees and delaying operations at its Khalifa Port facility. Goldman Sachs projects that tighter supply from the 9% Middle East output could drive aluminum prices higher and dampen global growth.
1. Smelter Damage and Injuries
At its Al Taweelah facility in the Khalifa Port industrial zone, Emirates Global Aluminium suffered significant damage when drones and ballistic missiles struck key infrastructure, injuring several employees and forcing a halt to select operations while damage assessments continue.
2. Regional Supply Disruption
The Al Taweelah smelter produced 1.6 million tonnes of aluminum in 2025, and with the Middle East responsible for about 9% of global output, the attack exacerbates existing shipping disruptions through the Strait of Hormuz, tightening physical supply and reducing available inventories.
3. Goldman Sachs Outlook
Goldman Sachs highlights that this reduction in Middle East supply could further elevate aluminum prices and increase cost pressures for downstream industries, potentially slowing wider economic growth as markets adjust to tighter metal availability.