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Alumina refinery by AWAC & Ma’aden to start production in Q1 2014
Edited by : AL CIRCLE
1 min read
Australia’s Alumina Ltd expects Saudi Arabia’s 1.8 million alumina refinery to start production in the fourth quarter of 2014, manager corporate strategy and development Andrew Wood told delegates at Metal Bulletin’s 3rd Asian bauxite and alumina conference.
"Our joint venture with Ma’aden – 4 million bauxite mine and 1.8-million tonnes alumina refinery is progressing well and is going to deliver first alumina in the fourth quarter of 2014,” he said.
Alumina’s strategy is to invest worldwide in bauxite mining, alumina refining and selected aluminium-smelting operations through its 40% ownership of Alcoa World Alumina & Chemicals (AWAC), the world’s largest alumina business. Alcoa owns the remaining 60% stake in Awac.
AWAC has a 25.1% stake in the mine and refinery jv project in Saudi Arabia with Ma’aden.
"We are watching the Indonesia situation carefully,” Wood told Metal Bulletin on the sidelines of the conference, adding that the company was interested in investing in Indonesia but was looking for more clarity as to how the Indonesian ban on export of minerals from 2014 plays out.
The West Kalimantan region of Indonesia will need infrastructure including, road, ports, energy plants to be able to attract more investment from the downstream industry, he added.
"Our joint venture with Ma’aden – 4 million bauxite mine and 1.8-million tonnes alumina refinery is progressing well and is going to deliver first alumina in the fourth quarter of 2014,” he said.
Alumina’s strategy is to invest worldwide in bauxite mining, alumina refining and selected aluminium-smelting operations through its 40% ownership of Alcoa World Alumina & Chemicals (AWAC), the world’s largest alumina business. Alcoa owns the remaining 60% stake in Awac.
AWAC has a 25.1% stake in the mine and refinery jv project in Saudi Arabia with Ma’aden.
"We are watching the Indonesia situation carefully,” Wood told Metal Bulletin on the sidelines of the conference, adding that the company was interested in investing in Indonesia but was looking for more clarity as to how the Indonesian ban on export of minerals from 2014 plays out.
The West Kalimantan region of Indonesia will need infrastructure including, road, ports, energy plants to be able to attract more investment from the downstream industry, he added.
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