First Alumina Sets Sail for Ma'aden Alcoa Joint Venture's Fully Integrated Aluminum Manufacturing Co
First Alumina Sets Sail for Ma'aden Alcoa Joint Venture's Fully Integrated Aluminum Manufacturing Complex in Saudi Arabia
NEW YORK & PERTH, Australia--(BUSINESS WIRE)-- The first shipment of alumina, the feedstock for the Middle East's first fully integrated aluminum manufacturing complex, at Ras Al Khair in the Eastern Province of the Kingdom of Saudi Arabia, has departed Alcoa's (NYS: AA) Bunbury Port facility in Western Australia.
The shipment of around 47,000 tonnes of alumina marks the latest milestone in the Ma'aden Alcoa aluminum joint venture's establishment of the world's largest and lowest-cost integrated aluminum complex. The $US10.8 billion project comprises a bauxite mine inland at Al-Baitha and, at Ras Al Khair on the east coast, an alumina refinery, aluminum smelter and rolling mill. The smelter and rolling mill will begin production in 2013 with the mine and refinery following in 2014.
Alcoa will supply the joint venture's smelter with alumina until the dedicated local mine and refinery come on stream.
Ken Wisnoski, President of Alcoa Global Primary Products Growth, said that the supply of uniformly high quality alumina is essential for efficient operation of a smelter at any time, but even more so during the critical commissioning and early operational periods of a new smelter.
"The ability to source alumina that can be relied on for its consistent quality, shipment after shipment, is a critical advantage to us as we work to bring this world-class smelter on line in 2013," said Wisnoski. "It's reassuring for us that Alcoa's Western Australian operations are solidly behind us in this joint venture. The international team deployed on this project includes many Australians and it is pleasing to see that contribution now augmented by the supply of world-class feedstock for the new smelter."
Alan Cransberg, Managing Director Alcoa of Australia, said that these shipments are important for both Alcoa's Australian operations as well as for Alcoa overall.
"We're helping build a stronger, lower cost Alcoa. Australian mining and refining operators are regarded as being amongst the best in the world. Working collaboratively with their Saudi Arabian counterparts will expand their experience and capabilities even further. What they learn will have a direct benefit to Alcoa operations not only in Australia, but worldwide," said Cransberg.
First production from the smelter and rolling mill is scheduled for 2013. The smelter will initially produce 740,000 metric tons of primary metal. The rolling mill will initially produce 380,000 metric tons of food grade can sheet and auto sheet. Both smelter and rolling mill are designed for significant expansion.
Alcoa is the world's leading producer of primary and fabricated aluminum, as well as the world's largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa's operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for 11 consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 31 countries across the world. More information can be found at www.alcoa.com.
Kelly Pasterick, 212-836-2674
Libby Archell, 212-836-2719
KEYWORDS: United States North America New York Pennsylvania
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