Saudi Maaden says smelter production set back by power delay

November 27, 2012

DUBAI, Nov 27 (Reuters) - Saudi Arabian Mining Company

(Maaden) expects a setback in the start up of a new power plant

at Ras Al Khair to delay full production capacity being reached

at its new aluminum smelter nearby, the company said on Tuesday.

Reuters reported earlier that the start up of the power

plant had been delayed by 10 months, threatening supplies to the

smelter due to start up next month.

"The (power) project halt may cause shortage in the supply

of electricity required by the Maaden Aluminum Company (MAC) at

Ras Al Khair," the company said in a stock market statement.

"The impact on the project will lead to a slowdown in

scheduled ramp up to reach the designed capacity of the aluminum


(Reporting by Daniel Fineren; editing by James Jukwey)