Aluminium output set to grow in 2011
Rusal, the worlds largest aluminium producer, said that it sees steady output growth in 2011 for aluminium, driven by strong demand from China and a rebound in North America.
Metals
Ma'aden signs two joint ventures
Maaden, The Saudi Arabian Mining Company, signed financing contract on two joint ventures with Alcoa Inc. worth US$2.1 billion with the Public Investment Fund (PIF).
Middle East to become a major player in mining industry
A report by Deloitte said that in terms of production and investment opportunity, the Middle East is set to become a key player in the metals and mining industry.
Iraq to build a US$1.1 billion smelter plant
The Kurdistan Regional Government (KRG) has licensed an Iraqi firm to build a smelter and steel plant worth nearly US$1.1 billion.
Zamil demonstrates its capabilities
Zamil Steel Industries has demonstrated the advanced capabilities of its new steel plates rolling machine by performing a cold rolled bending of steel plates of 180mm thickness.
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