Saudi Arabia records over 21,000 residency, labor, and border violations in latest inspections    PIF seeks to expand US investments despite restrictions, says governor Al-Rumayyan Saudi sovereign fund launched 103 companies across 13 sectors, aims to attract more foreign talent to Saudi Arabia    Saudi minister holds high-level talks at FII Miami to boost AI, tech, and space partnerships    Saudi Media Forum concludes with key industry partnerships and award recognitions    Hamas hands over six Israeli captives in latest prisoner exchange    US and Ukraine near deal granting US mineral rights in exchange for military aid    Israeli forensic institute confirms remains of hostage Shiri Bibas    Australia presses China for answers over reported live-fire exercises near its coast    Al-Ettifaq stuns Al-Nassr with late winner as Ronaldo protests refereeing decisions    King Salman: Our nation's path has remained steadfast since its founding    Imam Mohammed bin Saud: The founder of the First Saudi State and architect of stability    King Abdul Aziz: Founder of the Third Saudi State and leader of modern Saudi Arabia    'Neighbors' canceled again, two years after revival    Al-Tuwaijri: Not a single day has passed in Saudi Arabia in 9 years without an achievement Media professionals urged to innovate in disseminating Kingdom's story to the world    Proper diet and healthy eating key to enjoying Ramadan fast    Saudi Media Forum panel highlights Kingdom's vision beyond 2034 World Cup    AlUla Arts Festival 2025 wraps up with a vibrant closing weekend    Al Hilal secures top spot in AFC Champions League Elite, set to face Pakhtakor in Round of 16    Al-Ettifaq's Moussa Dembélé undergoes surgery, misses rest of the season    'Real life Squid Game': Kim Sae-ron's death exposes Korea's celebrity culture    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Multi-commodity minerals hub to contribute $9b annually to non-oil GDP
Published in The Saudi Gazette on 27 - 11 - 2016

Custodian of the Two Holy Mosques King Salman is scheduled to inaugurate one of the largest and most ambitious industrial city projects in the Middle East on Tuesday.
Ras Al Khair, a $35 billion multi commodity minerals hub located in the Kingdom's Eastern Province, has been an ongoing initiative for over 10 years and is set to play a central role in the development of key non-oil industries in Saudi Arabia.
It is a key example of how the Kingdom's leadership is delivering on the goal of Saudi Vision 2030 to reduce dependence on oil-based income and facilitate national economic diversification.
Equally as important, the city demonstrates the Vision's objective to build entire industrial value chains locally, especially as it is home to mining giant Maaden's integrated aluminium and phosphate operations.
Ras Al Khair is set to generate thousands of jobs directly and indirectly for the local workforce and contributes $9 billion annually toward Saudi Arabia's non-oil gross domestic product.
In addition to the aluminium and phosphate complexes, the city is supported by key infrastructure including a 1,400-kilometer railway connecting to the main mines in the country, a major port supporting exporting operations, one of the world's largest desalination and power plants and a fully functioning village for workers.
The city's various key facilities will be formally inaugurated by King Salman in a special ceremony under the title "The inauguration of Ras Al Khair, the center of Saudi mining."
Ras Al Khair Port
The SAR3 billion ($800 million) port at Ras Al Khair, developed by the Saudi Ports Authority, is one of the most modern in the world and was built to serve as an export hub for petrochemical, phosphate and aluminium products created at nearby processing facilities.
In the future thousands of vessels will berth at Ras Al Khair and tens of thousands of tons of locally-produced products will be exported from the port. The city will also receive building materials and equipment by sea that will be needed for further development of its infrastructure.
The huge quantities of minerals that come from Saudi mines are processed and transported to quayside via loading belts. Another key advantage of the port is its ample space to expand to meet any future needs.
The aluminium facilities
Ras Al Khair is home to Maaden Aluminium, one of the most modern, efficient, and fully integrated aluminium complexes in the world, fulfilling Maaden's strategy to deliver the entire aluminium value chain from "mine to market". It has provided 3,733 new jobs, 65 percent held by Saudi citizens.
The SAR40.5 billion ($10.8 billion) project is a joint venture between Maaden (74.9%) and Alcoa (25.1%).
Maaden Aluminium's mine is located in the north of the country, while its multi-plant facility at Ras Al Khair consists of an alumina refinery, smelter, rolling mill and one of the largest recycling facilities for beverage cans in the Middle East and North Africa region.
The phosphate facilities
Maaden's initiative to produce international grade phosphate fertilizers has resulted in one of the biggest integrated phosphate projects in the world known as the Maaden Phosphate Company. The SAR21 billion ($5.6 billion) project currently produces approximately 3 million tons of phosphate fertilizer annually, serving 10 percent of the global phosphate fertilizer market. It is a joint venture between Maaden (70%) and the Saudi Basic Industries Corporation (SABIC) (30%) that has provided jobs to 1,700 Saudis.
There are four modern phosphate plants at Ras Al Khair that process the mineral.
Dual-function desalination
Ras Al Khair features a dual-function water desalination and power plant considered to be one of the biggest of its kind in the world, employing state-of-the-art construction methods and technology. The station was named the best desalination plant in the world at the 2015 Global Water Summit in Greece.
Still in the first stage of production, the project currently has an annual production capacity of 1.025 million cubic meters (m3) of desalinated water and 2,400MW of electricity.
The project, which offers 1,700 jobs, will eventually also supply Riyadh and Eastern Province governorates with around 1 million cubic meters of water. The plant entered full commercial operations at the end of March 2016. Around SAR27.4 billion (US $7.31 billion) was spent to establish the facility and other related water projects.
The railway facilities
Railway transportation has become a vitally important enabler of the Saudi mining industry thanks to its capacity, reliability, safety and security and because of its minimal impact on the environment.
The Saudi leadership implemented plans in 2006 to develop a reliable railway, not just to support the mining industry, but to provide an integrated transportation network linking the central, northern and eastern regions of the Kingdom suitable for the transport of passengers and general freight as well as heavy goods such as minerals, petroleum and petrochemicals.
As a result, the Saudi Railway Company (SAR), solely financed and owned by the Public Investment Fund, was established to oversee the construction and operation of the key SAR25 billion ($6.67 billion) North-South Rail (NSR) project, which offers 3,000 jobs.


Clic here to read the story from its source.