Manufacturing Industry
Alcan to build mine-to-metal aluminum plant in Saudi Arabia.(GLOBAL ECONOMY)(Brief article)
Advanced Materials & Processes, July, 2007
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Alcan announces that it has signed a Heads of Agreement with Saudi Arabian mining company Ma'aden to develop a proposed $7-billion integrated aluminum "mine-to-metal" project including bauxite mining, alumina refining, power generation, and aluminum smelting. Alcan would hold a 49% stake in the project and would provide technology and operating management support, with Ma'aden holding the balance of 51% ownership.
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As one of the world's largest vertically integrated projects of its kind, the initial operations feature a power plant ...
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