Saudi Arabia to build metal smelter with Trafigura worth $2.8 billion: statement | Reuters:
Saudi Arabia signed an agreement to build a metal smelter with global commodities trader Trafigura worth $2.8 billion, according to a statement reviewed by Reuters on Monday.
The project with Trafigura Singapore will be the first copper smelter in a GCC country and it aims to produce 400,000 tons of copper, 200,000 tons of zinc, and 55,000 tons of lead annually.
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