Maaden and Alcoa Serving the Regional and Global Aluminium Industry
Arabal Aluminium Conference 14 th Nov 2011 - Muscat Presented by: Eng. Abdullah Busfar 2 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair 3 Key global megatrends are shaping the future Population Growth Urbanization Environment Energy consumption rising Increase of 54% by 2025 Driven by developing countries Personal transport rising Increase of 40% by 2030 Greenhouse gas regulation
Global population rising 2006: 6.6 billion 2025: 7.9 billion 2050: 9.1 billion Population in cities 2006: > 50% 2030: > 60% 4 Aluminium will need rapid growth to meet demand 3 MMT/Y 4x Maaden smelters per year 7 MMT/Y 4x Maaden refineries per year 19 MMT/Y 4x Maaden bauxite mines per year Bauxite (MMT/Y) Aluminium (MMT/Y) Alumina (MMT/Y) Industry Growth: 6.5% CAGR ~$30 billion in Investments per year 2X 2X 2X 214 400 2010 2020 82 156 2010 2020 39 73 2010 2020 Source: Maaden-Alcoa 5 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair 6 Project history EPCM contracts signed
Rolling mill contract signing with Samsung Engineering
PIF loan signing Joint venture with ALCOA
First concrete for smelter & rolling mill Energy agreements signed
Site continues to increase momentum by the week
Oct 2009 Dec 2009 May 2010 Oct 2010 Today June 2011 May 2011 Complete Aluminum project financing agreements Oct 2011 Complete aluminium project financing 7 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair 8 Integrated aluminium chain Bauxite Mine: 4 MMT/Y from Al-Baitha mine Refinery: 1.8 MMT/Y
Smelter: 740 KMT/Y
Rolling Mill: Start with 380 KMT/Y The largest and most efficient vertically integrated aluminium complex in the world Phase II Phase I 9 Maaden Alcoa $10.8bn aluminium joint venture Brings new, globally important industry to Saudi Arabia Inflow of new technologies New skills and career opportunities New entrepreneurial opportunities Thousands of direct and indirect jobs Reduction of imports; increase in exports
Improve Alcoas refining and smelting position on the global cost curve
Offers flexibility for expansion
Establishes strategic footprint in fast-growing region 10 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair 11 Site progress Pot Room (outside) Pot Room (outside) Paste Plant Site Continues to Increase
40,000 work-force to keep Momentum 12 Site progress Pot Room (outside) 13 Site progress Complex progress 40% for the smelter & 15% for the RM 14 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair 15 Aluminium products flow to regional & international markets
The product mix to be produced from the current integrated casthouse are:
From smelter
Slabs for the rolled applications
Or molten aluminium for other applications
The RAK casthouse will also remelt aluminium scrap. Standard Ingots: Remelted & alloyed by end-user T- Bar Ingots Remelted & alloyed by end-user Billets Extruded for construction application 16 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair 17 Ras Al-Khair Minerals Industrial City 18 Government commitment to establish competitive business environment 2400 MW Power Plant Fuel Ownership in Maaden Direct Project Finance Port Facilities 1,500 km Railroad World class Infrastructure Aluminium Project Government of the Kingdom of Saudi Arabia RAK: Huge Space 19 Saudi Railway Company 1,500 km commissioned
Port Development Six Berths Commissioned
Ras Al-Khair Minerals Industrial City RC management Strategic metals & minerals industry clusters Center of excellence
Government commitment to world class infrastructure Available infrastructure 20 Railway map Ras Al Khair: Aluminium complex Railway (600 km) From Bauxite mine to Refinery in RAK Al-Baithah (Bauxite mine) 21 Content: Global Look Project History Integrated Chain Site Progress Products Infrastructure SAMAPCO Aluminium Project, Ras Al-Khair Maaden/ Sahara Project (SAMAPCO) JV developing production facility to manufacture Caustic Soda & EDC.
The new company was named SAMAPCO and located at Jubail.
The company will produce 250 KT of Caustic Soda & 300 KT of EDC.
All Caustic Soda will be used in Ras Al-Khair refinery.
Expected Startup at Q4 2012. SAMAPCO site photo 24 Thank You