Alcoa AA and The Saudi Arabian Mining Company (Ma'aden) today
broke ground for construction of expanded rolling mill capabilities at
their combined aluminum complex in Ras Al Khair, Saudi Arabia. The
expanded capabilities will enable the facility to supply aluminum
automotive, building and construction sheet and foil stock to the
Kingdom's developing new industry and other global markets beginning in
2014, positioning the project to capture growing demand for aluminum
from the automotive, building and construction sectors.
Ma'aden President and CEO Engineer Khalid Al Mudaifer said the new sheet
products integrated rolling and surface treatment complex is an exciting
step for Saudi Arabia as it enters the global aluminum industry and
See full press release
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in