Middle East Economic Survey

VOL. LIII

No 19

10-May-2010

SAUDI ARABIA

Ma'aden Awards Contracts For Ras Al-Zour Aluminum Project

The Saudi Arabian Mining Company (Ma'aden) has awarded the first four contracts for its SR40.5bn ($10.8bn) integrated aluminum complex at Ras al-Zour, a joint venture with Alcoa. Ma'aden announced on 2 May that it had issued a letter of intent to Fluor and WorleyParsons for engineering, procurement and construction management (EPCM) services for a bauxite mine and alumina...