Middle-east Arab News Opinion | Asharq Al-awsat

Saudi-Alcoa JV Starts Work on Giant Aluminium Plant - ASHARQ AL-AWSAT English Archive
Select Page

RIYADH, (Reuters) – Alcoa and state-controlled Saudi Arabian Mining Co (Maaden) have started work on a plant that would be the world’s largest fully integrated aluminium complex, Maaden said on Saturday.

The $10-billion Maaden-Alcoa joint venture will start by developing a fully integrated industrial complex, consisting of a bauxite mine at Ba’aitha and an alumina refinery, aluminum smelter and rolling mill at Ras Al-Zour, it said in a statement.

“Groundbreaking has now officially begun to pave the way for construction of the smelter and rolling mill that will serve the packaging and other industries”.

The plant aims to become the world’s “lowest-cost supplier of primary aluminum, alumina and aluminum products”, Maaden said.

It will also be the Middle East’s first food-grade can sheet rolling mill, Ken Wisnoski, a senior Alcoa executive, said in the statement.

The smelter and rolling mill is to begin operations in 2013 with the mine and refinery expected to come onstream in 2014, it added.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

More Posts

Follow Me:
FacebookGoogle PlusYouTube