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Maaden, Alcoa smelter hit by power plant delays
Edited by : AL CIRCLE
1 min read
Saudi Arabian Mining Co (Maaden) has announced the kingdom's first aluminium smelter is to reach full production later than planned, due to long delays to a power plant it needs to run flat out, Reuters has reported. Maaden said operations at the $10.8bn aluminium smelter it shares with US-based Alcoa are expected to commence in December and that it has secured some of the huge amounts of electricity it will need. However, it will not be able to ramp up to 740,000 tonnes per year of smelting capacity because the 2,400-megawatt (MW) power plant due online in October will not be ready until late 2013, it said. "The (power) project halt may cause shortage in the supply of electricity required by the Maaden Aluminium Co (MAC) at Ras Al Khair," the company said.
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