About Project

The Mill will produce 500 ktpa of 3xxx alloy Can Body Stock (CBS), 5xxx alloy Can End Stock (CES), and 5xxx alloy Can Tab Stock (CTS). In addition, a small volume of standard products is assumed as a potential “filler” product: 3xxx alloy Industrial Products or Building Products (BP), (“the Transaction”)

LOCATION      : Abu Dhabi, UAE

SERVICE           : Transaction Management

VALUE               : USD 2.9 billion

CLIENT             : Royal Aluminium Investment Industrial  LLC

TYPE                  : Industrial

OVERVIEW

Royal Aluminium Investment (RAI) is intended to develop a fully integrated greenfield aluminum rolling mill to produce a can sheet. RAI currently operates canning facilities in the Middle East, so it would supply its own operations with sheets from the proposed rolling mill. The facility could potentially also supply other customers in the Middle East and further afield.

The facility will be situated in Abu Dhabi, UAE, and several potential sites were being investigated.

Harbor Aluminium was engaged to develop a market study. Their scope of work included an aluminum beverage can overview, a Deep-dive Supply Demand Outlook for Aluminium Beverage Can Sheets, an  Assessment of prices and costs for aluminum beverage can sheets, and an assessment of UBC and class scrap markets in the Middle East and North Africa.

Hatch was engaged to develop a preliminary study of the proposed aluminum rolling facility. At the start of the study, the team developed a preliminary Project Charter and confirmed the key design requirements, including the preliminary product mix. A matrix of nine options was identified. The logic of the options was to investigate the impact of scale on project complexity and CAPEX, to consider the ability to leverage the benefits of molten metal supply or slab supply from a local smelter(s), and also to consider the potential financial benefits of recycling scrap. RAI was in favour of the 500 ktpa, with Remelt facilities.

In 2022, Kingston led the Transaction, through-out pre-feasibility, feasibility, and bankable feasibility, legal-financial-technical structure, financing plan, and documentation, to develop the Plant.