Complex Made Simple

Binladen in $4.5bn Saudi project

Saudi Arabia's Binladin Group is teaming up with Malaysia's MMC and the Aluminum Corporation of China (Chalco), China's top aluminium producer, for a joint aluminium project in the Kingdom, reported Khaleej Times. The project, to cost $4.5bn, includes an aluminium smelter plant and an equipped power plant in Jizan Economic City. The smelter will have an annual production capacity of 1 million tonnes.