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Examples
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Dr. Abdullah Al Dabbagh, chief executive officer of Saudi Arabian Mining Co., better known as Maaden, says: "The kingdom's drive towards industrial diversification aims to achieve a number of objectives including increased employment opportunities for a young and expanding population, and the growth of industrial interests beyond the oil and gas sector."
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A separate Maaden initiative involves exploiting a domestic phosphate deposit for the production of fertilizer.
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The $5.6 billion project is being implemented by Maaden in a 70: 30 partnership with Sabic and also located at Ras Al Zour, which is set to become an industrial production and export hub in its own right in coming years.
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Maaden will invest some $10.8 billion in what will be the world's largest integrated aluminum project.
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The total cost of the second phase of Maaden Bauxite and Alumina Co.'s project is estimated 13.45 billion riyals, it said.
unknown title 2011
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The remaining 5.38 billion riyals will be financed by Maaden and Alcoa on a pro- rata basis, according to the statement.
unknown title 2011
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The Serigialar derive their origin from Maaden, the Cheuslu from the [p. 635] neighbourhood of Badjazze, the
Travels in Syria and the Holy Land John Lewis Burckhardt 1800
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Alcoa cuts stake in Maaden-run $10. 8bn aluminium project photo: Public Domain/BotMultichillT
WN.com - Articles related to Australia mining firm strikes gold in RP 2010
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Alcoa cuts stake in Maaden-run $10. 8bn aluminium project photo: Public Domain/BotMultichillT
WN.com - Articles related to Australia mining firm strikes gold in RP 2010
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Alcoa cuts stake in Maaden-run $10. 8bn aluminium project
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