Senior executives from Ma'aden and Alcoa joined project teams at Ras Al Khair in Saudi Arabia to commemorate two major landmarks in the construction of their $10.8 billion integrated aluminium joint venture. With an initial capacity of 380,000 tonnes per year, the rolling mill will be one of the most technically advanced in the world and the only one in the Gulf region capable of producing food grade can sheet, which has many applications including the manufacture of beverage cans.
The second landmark ceremony saw the official ground breaking for the project's alumina refinery, which will have an initial capacity of 1.8 million metric tonnes per year. The Ma'aden Alcoa joint venture will be the region's only aluminium operation with a captive supply of alumina. The bauxite that will be refined into alumina will be transported by rail from the project's 4-million-tonne-per-year mine at Al Ba'aitha.
The project's rolling mill and smelter constitute the first phase of the project, due to become operational in 2013, while the mine and refinery as the second phase will come on stream in 2014. The interim supply of alumina will be furnished by Alcoa.
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