- CEO
- Rashid Hamad Al-Mohannadi
- Full Time Employees
- 1,161
- Sector
- Non-energy minerals
- Industry
- Aluminum
- Address
- P.O. Box 3212 Doha DA Qatar 3212
- IPO Date
- Dec 10, 2018
- Business
- Qatar Aluminium Manufacturing Company Q.P.S.C. (QAMC.QA) serves as a holding company primarily engaged in the production and sale of primary aluminum products through its 50% ownership interest in the Qatalum joint venture with QatarEnergy; core offerings encompass high-quality primary aluminum including standard ingots, value-added casthouse products such as extrusion ingots or billets with 375,000 tons per year capacity, and primary foundry alloys with 275,000 tons per year capacity, marketed globally to customers in Asia, Europe, North America, and Qatar via an exclusive offtake and marketing agreement with Hydro Aluminium. Qatalum operates a state-of-the-art smelter facility in Mesaieed Industrial City, Qatar, featuring a carbon plant, reduction plant, cast house, port and storage facilities, and a captive 1,350 MW gas-fired power plant, enabling production exceeding 650,000 tons per year at competitive costs due to access to low-priced energy. Incorporated on December 3, 2018, and listed on the Qatar Stock Exchange on December 16, 2018, the company is headquartered in Doha, Qatar, and operates as a subsidiary of QatarEnergy, which holds a 51% stake including a golden share; it maintains a single reportable segment in the aluminum industry targeting automotive, construction, engineering, and consumer goods sectors. Recent developments include reporting a net profit of QR342 million for the six months ended June 30, 2025, and QR156 million for the three months ended that date, alongside board approval to increase foreign ownership limits to 100% pending regulatory measures; the company continues routine capital expenditures focused on pot relining, maintenance of power and anode plants, and projects like turbine refurbishments and solar power enhancements through 2028, while sustaining robust EBITDA margins around 34% amid volatile aluminum prices.