Fluor wins contract for huge Saudi Arabian joint venture aluminium project

Fluor has won a series of contracts from the joint venture comprising Saudi Arabian Mining Co., also known as Ma’aden, and Alcoa, to provide program management consultancy (PMC) and EPCM services for a number of projects related to the development of the integrated Ras Az’Zawr aluminium complex. The estimated $10.8 billion project will include a bauxite mine (3.6 Mt/y capacity at Al Ba’itha), alumina refinery (1.63 Mt/y capacity), aluminium smelter (671,180 t/y capacity) and rolling mill (417,220 t capacity).

In the second quarter of 2010, Fluor expects to book some $3 billion covering four separate scopes of work for the complex. This includes:

• Overall PMC services for the development of the entire Ras Az’Zawr aluminum complex

• EPCM services, in a 50:50 joint venture with WorleyParsons, for the mine and alumina refinery with an expected delivery date of fourth quarter of 2013

• Stand-alone EPCM services for the site’s rolling mill also with an expected delivery date of Q4, 2013

• Stand-alone EPCM services for Ras Az’Zawr site’s integrated infrastructure.

"The mining and metals sector continues to be a bright spot for Fluor and the commencement of this significant project in a key region of the world is another sign of the strengthening global economic recovery,” said David Seaton, Fluor’s COO.

"We are extremely proud of our team for wining this prestigious project. The Ma’aden-Alcoa joint venture has expressed great confidence in our team by the size and scope of these awards and we look forward to helping them implement their vision to realize one of world’s largest, vertically integrated metals projects,” said Dwayne Wilson, Group President of Fluor’s Industrial business.

Fluor will execute the engineering for the Ras Az’Zawr projects from its offices in Al Khobar, Saudi Arabia; New Delhi, India; and Greenville, South Carolina; with support from other global Fluor locations.