Friday, September 19, 2008

Aluminium Smelter Project: JV Saudi Arabia and UAE

Saudi To Invest $17 Billion In Aluminium Projects
Zaywa
Saudi Arabia has approved projects worth more than $17 billion to produce over three million tonnes of aluminium per year and become the dominant exporter of the metal in the Middle East, a leading Saudi bank said yesterday.

One of the biggest smelters in the Gulf Kingdom is a joint venture between Saudi Arabia and the UAE as it will have an initial output capacity of nearly 700,000 tonnes per year, with a potential to double that capacity. ...

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