The Saudi Arabian Mining Company (Ma'aden) would like to clarify about the halt of the contractor assigned by the Saline Water Conversion Corporation (SWCC) for the implementation of the electricity plant project at Ras Al Khair. The project halt may cause shortage in the supply of electricity required by the Ma'aden Aluminum Company (MAC) at Ras Al Khair.
Ma'aden has taken prior action to minimize the impact of the contractors halt on the timely implementation of the project by agreeing to supply electricity with the Saudi Electricity Company(SEC). Ma'aden, SEC and SWCC have been continuous coordinating relevant action steps.
The impact on the project will lead to a slowdown in scheduled ramp up to reach the designed capacity of the aluminum smelter.
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