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Phase I of Maaden's aluminium project to launch soon
Edited by : AL CIRCLE
1 min read
Saudi Arabia Mining Company Maaden has announced that it is to begin production at the aluuminium smelter which will form the first phase of a $10.8bn integrated aluminium production process next month.
Maaden Aluminium Company - a venture which is 74.9% owned by Maaden and 25.1% by aluminium giat Alcoa - is in the midst of building a facility which has been described as "the largest and most efficient vertically-integrated aluminium complex in the world".
It is being built over two sites, with a bauxite mine and ore crushing facility at Al Ba'itha in north eastern Saudi Arabia, while 600km away at Ras Al Khair on the Gulf coast it is building an alumina refinery, the smelter and a rolling mill.
In a statement to the Saudi stock exchange, Maaden said that production would begin at the plant on December 12, and the facility will be in ramp-up mode until it eventually reaches its capacity of of 740,000 metric tonnes per year.
Maaden Aluminium Company - a venture which is 74.9% owned by Maaden and 25.1% by aluminium giat Alcoa - is in the midst of building a facility which has been described as "the largest and most efficient vertically-integrated aluminium complex in the world".
It is being built over two sites, with a bauxite mine and ore crushing facility at Al Ba'itha in north eastern Saudi Arabia, while 600km away at Ras Al Khair on the Gulf coast it is building an alumina refinery, the smelter and a rolling mill.
In a statement to the Saudi stock exchange, Maaden said that production would begin at the plant on December 12, and the facility will be in ramp-up mode until it eventually reaches its capacity of of 740,000 metric tonnes per year.
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