Oman’s Sohar Aluminium to meet banks to discuss financing: sources | Reuters

Oman’s Sohar Aluminium to meet banks to discuss financing: sources | Reuters:

Oman’s Sohar Aluminium will meet banks this week in London to discuss potential financing options, four sources familiar with the matter said.

Jointly owned by Rio Tinto, Oman Oil Company and Abu Dhabi National Energy Company (TAQA), Sohar Aluminium was formed in 2004 to build an aluminium smelter in Oman which now has an annual production capacity of 375,000 tonnes. 


The project was partly financed through a syndicated loan of around $1.5 billion in 2006 which matures in 2021.