Video transcript
Hello, my name is Jame from EGA. I'm a global aluminum. Yes, pleasure. You do a good job with the aluminum. This is a very special project. Here's a big, very special project. Please, go ahead. So, this is UAE technology. It's been developed over 55 years. We're exporting it to the world. And the first big project in our group is the U.S. State of Oklahoma. We're going to invest $4 billion in Oklahoma, Doug. So, if you want to move after you finish with the camera stuff, you can get a part-time account. I don't think you're going to be giving up the camera, right? Go ahead. So, today, the U.S. produced about 700,000 tons. We're almost doubling that capacity in 2030. So, what percentage will there be of the market in the U.S.? Today, we're proposing 4.2 million tons. This is going to be about 40% now for that capacity. Yes. And what we're doing, Mr. President, is we're actually moving also 150,000 by the end of this year, to recycle the aluminum. So, we're not just waiting for this not to be built in 2030. We're actually building capacity now. So, how much are we spending in the U.S. to make your plants bigger and add a new plant? Another plant? After we complete 75%, we can look at another investor. Right now. The expansion? The expansion? Yes. It's going to be about another $200, $300 billion, because this is recycled. It's a company in Minnesota we bought last year. Oh. Mr. President, yes. See, they're doing all of this work in the U.S. with the aluminum. They do a lot of aluminum here, but if they do it here, they have to pay a big tariff to send it in. Exactly. So, you know what they're doing? They're building a big plant in the U.S. There's no tariff. We're exporting 700,000 tons. Now we're going to make it in the U.S. No, that's it. You're going to make it in the U.S. now. So, it's amazing. It's the great thing.
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