VOL. XXXII

NO. 20

20-FEBRUARY-1989

SAUDI ARABIA

Saudi Aluminium Smelter Project on Course

The projected aluminium smelter to be built at Yanbu' will cost an estimatedSR2.7bn ($720mn), according to the project organizers. The Saudi Ministry ofIndustry and Electricity last December licensed the new project and theorganizers are currently in the process of establishing Alujain CorporationSaudi Arabia, the joint venture which will launch the project. The smelter willhave a capacity of 210,000...