On 13th July 2021, the Saudi Arabian Mining Co, Ma'aden inked a five-year deal to procure calcined petroleum coke from a Saudi company for its Ras Al Khair aluminium smelter.
Ma'aden Aluminium smelter in Ras Al Khair will procure 100,000 tonnes a year of the calcined petroleum coke, which will be used in the manufacture of aluminium, once commercial production commences at the end of 2024 from a facility owned by Saudi Calcined Petroleum Coke Company (SCPCC).
Calcined petroleum coke is the major raw material required for the production of carbon anodes used in the aluminium smelting process.
The $40 million worth yearly contract is a part of a plan by the Gulf region’s biggest miner, Ma'aden to procure 320,000 tonnes of calcined petroleum coke from domestic sources yearly.
Abdulaziz Al-Harbi, CEO of Ma'aden, said: “The deal aimed to develop the local mining sector, in line with the Saudi Vision 2030, to be an essential source in the national economy.”
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