Middle East Economic Survey

VOL. LII

No 11

16-Mar-2009

SAUDI ARABIA

Ma'aden To Implement Aluminum Complex In Phases

The Saudi Arabian Mining Company (Ma'aden) is planning to implement its aluminum complex in phases, MEES understands. The decision comes after its international partner, the UK-based mining conglomerate Rio Tinto, decided that in the wake of the ongoing crisis which has seen prices for commodities such as aluminum tumble, it was no longer able to contribute equity to the project,...