Alcoa, Inc. (AA) Financial News - Alcoa Starts Construction of Refinery at Saudi Venture
Alcoa, Inc. (AA)
Alcoa Starts Construction of Refinery at Saudi Venture
2011-08-12 03:33:01Quote: â€œWeâ€™re near very high-population areas.â€ Maâ€™aden owns 75 percent of the venture and New York-based Alcoa owns 25 percent, Mike Belwood, a spokesman for Alcoa, said in a telephone interview. Alcoa provides technical expertise for the refinery, smelter and mill and Saudi Arabia is building infrastructure for the project including a port, rail line and power plant, Belwood said. The rolling mill and smelter will begin production in 2013 and the mine and refinery will start up in 2014. Selmquist1@bloomberg.net email@example.com. ...
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