Saudi-Alcoa JV starts work on giant aluminium plant | Metals & Mining | Reuters

Alcoa (AA.N: Quote) and state-controlled Saudi Arabian Mining Co (1211.SE: Quote) (Maaden) have started work on a plant that would be the world's largest fully integrated aluminium complex, Maaden said on Saturday.

The $10-billion Maaden-Alcoa joint venture will start by developing a fully integrated industrial complex, consisting of a bauxite mine at Ba'aitha and an alumina refinery, aluminum smelter and rolling mill at Ras Al-Zour, it said in a statement.

"Groundbreaking has now officially begun to pave the way for construction of the smelter and rolling mill that will serve the packaging and other industries".