Industry News

Saudi Arabia ready to seize the global aluminium demand growth opportunity with its robust infrastructure

Views : 133
Update time : 2023-11-28 16:48:34
Arab International Aluminium Conference (Arabal) held recently in Riyadh presented many crucial information, including the global aluminium demand set to rise by 20 to 30 per cent over the next seven years.
Engineer Khalid bin Saleh Al Mudaifer, the Vice Minister of Industry and Mineral Resources for Mining Affairs of the Kingdom of Saudi Arabia, communicated at Arabal that Saudi Arabia, home to some of the largest aluminium production facilities, would efficiently tap this demand growth and take its aluminium industry a new high.
This aligns with Saudi’s Vision 2030 to establish itself as a key global hub for metal production. The Kingdon possesses all the necessary assets required to achieve this aspiration, such as low energy prices and strategically advantageous geographical location, said the Vice Minister.
Related News
Read More >>
Trump approves golden share clause in Nippon Steel’s $14.9 billion U.S. Steel takeover Trump approves golden share clause in Nippon Steel’s $14.9 billion U.S. Steel takeover
Jun .16.2025
Trump approves golden share clause in Nippon Steel’s $14.9 billion U.S. Steel takeover
Newly discovered shape-memory aluminium alloys feature low mass, enhanced memory shape & thermal tenacity Newly discovered shape-memory aluminium alloys feature low mass, enhanced memory shape & thermal tenacity
Jun .16.2025
Newly discovered shape-memory aluminium alloys feature low mass, enhanced memory shape & thermal tenacity
3% aluminium stock rise in Japan, coupled with Q3 premium drop, signals market softening 3% aluminium stock rise in Japan, coupled with Q3 premium drop, signals market softening
Jun .16.2025
3% aluminium stock rise in Japan, coupled with Q3 premium drop, signals market softening
India-US auto parts tariff tussle: Strategic talks, WTO rejections, and the bigger geopolitical game India-US auto parts tariff tussle: Strategic talks, WTO rejections, and the bigger geopolitical game
Jun .16.2025
India-US auto parts tariff tussle: Strategic talks, WTO rejections, and the bigger geopolitical game