NSK Deutschland GmbH
Renishaw Plc
Volvo Penta

twitteryou tubefacebookacp

Hyundai awarded Saudi alumina refinery contract

Maaden JV awards Hyundai US$1.5 billion alumina refinery EPC

Hyundai Engineering & Construction has won a US$1.5 billion contract to build an alumina refinery in Ras Al Khair, Saudi Arabia.

Owned by a JV

Maaden Bauxite and Alumina Co., a joint venture (JV) between Saudi Arabian Mining Company (Ma'aden) and US-based Alcoa Incorporated, has signed a letter of intent to award Hyundai E&C the contract.

EPC work

Hyundai said that it would carry out engineering, procurement, construction and pre-commissioning work for the 1.8 million-tonne-per-year refinery, the company said in a regulatory filing.

The JV is owned 74.9 per cent by Maaden and 25.1 per cent by Alcoa and comprises a bauxite mine and an alumina refinery project. According to the company, the refinery will be completed over a 29 month period.

The vision

"The government of the Kingdom of Saudi Arabia has set the vision and established the infrastructure to enable the development of the world's largest, lowest cost, fully integrated aluminum industrial complex," said Abdullah Busfar, Vice President of Maaden's Aluminium Strategic Business Unit.

Oil Review Middle East
Deep Sea

EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)

Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)

The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)

Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)

The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)

Special belt covers guarantee an effective reduction in dust. (Image source: Wirtgen Group)

Daryl Wake, business development manager, DEKRA

DEWA's SAP upgrade drives innovation, sustainability, and efficiency in Dubai's utilities. (Image source: Adobe Stock)

SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)

Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.

DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)

An example of the kanban method deployed at Staytite. (Image source: Staytite)

EGA and Masdar leadership at the signing of the agreement. (Image source: Masdar)

Baudouin is catering to the demands of the data centre markets with the release of three new uprated DCP ratings. (Image source: Canva)

Energy technology takes spotlight at the MEE. (Image source: Adobe Stock)

The plant will add 80MW of power generation capacity from a non-fossil fuel source. (Image source: ALEC)

UL Solutions launches HOMER Front 1.0, enhancing energy storage system design with advanced forecasting capabilities. (Image source: UL Solutions)

SSAB will begin deliveries of the new products in 2026. (Image source: Manitou Group)

The new Perkins 5012 is a full-authority electronic engine optimised and purpose-built for power generation applications. (Image source: Perkins)

DNV's survey unveils energy sector optimism amid challenges, with political uncertainty looming. (Image source: Adobe Stock)

An example of the kanban method deployed at Staytite. (Image source: Staytite)

Markus Oberlin, CEO of Farnek. (Image source: Farnek)

Erich Kaltmann, managing director of Mosdorfer GmbH. (Image source: Mosdorfer)

The emphasis is on constantly optimising value creation processes. (Image source: Rittal)

With RFID, assets can be given unique digital identities that enable you to identify and locate them all at once, from a distance, in real time.

The ground-breaking product on display is the FLIR Si2-Pro, an industrial acoustic imaging camera for partial discharge detection, pressurised leak detection and mechanical fault detection. (Image source: Teledyne FLIR)

The four-point track system is available globally on four boom lifts up to 80 ft / 24 m class. (Image source: Genie)

Reed Exhibitions FZ-LLC