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Alcoa and the Saudi Arabian Mining Company (Ma'aden) formed a joint venture in 2009 that has created the world's largest, lowest cost fully integrated aluminum facility. The project includes a bauxite mine situated in central Saudi Arabia, which connects by rail to an integrated facility consisting of an alumina refinery, smelter, and casthouse on the Arabian Gulf coast.
· Saudi Arabia is set to inaugurate a SAR85bn () mining project in the country's northern region as part of its plans to diversify the economy away from hydrocarbons. To be held later this week, the inauguration ceremony will be attended by King Salman, Reuters reported, citing energy minister Khalid alFalih's statement to Al Arabiya TV.
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