Middle East Economic Survey

VOL. LIII

No 1

4-Jan-2010

sAUDI ARABIA

Ma'aden And Alcoa In Joint Venture For Aluminum Complex In Saudi Arabia

The Saudi Arabian Mining Company (Ma'aden) and Alcoa of the US announced on 20 December that they will form a joint venture to develop a fully integrated world-scale aluminum complex in Saudi Arabia. The joint venture in its initial phase will develop an industrial complex including: a bauxite mine with an initial capacity of 4mn tons/year; an aluminum refinery...