EGA and Century Aluminum is a marriage of convenience

Some observers were taken by surprise when Century Aluminum took a 40% stake in Emirates Global Aluminum’s (EGA) smelter in Tulsa, Ok. But it was no surprise that EGA took a partner. EGA had said it wanted one to to de-risk its financial investment. However, other names in the industry were floated as candidates for the venture.

Let’s unpack some of the possible rationale behind the decision by both companies to join up.