Construction work has started on the world’s largest fully integrated aluminium plant, a joint venture between Saudi Mining Company Ma’aden and Alcoa, the companies announced yesterday.
Work on the $10 billion plant, consisting of a bauxite mine at Ba'aitha and an alumina refinery, aluminum smelter and rolling mill at Ras Az Zawr, began with initial ground breaking services last week. The plant is due for completion in 2013 and will provide the kingdom with a supply of cost effective aluminium for the food packaging industry.
Main contractor, US firm Fluor, holds key contracts in all three phases of the plant development.