Project delivered in record time, within budget, and with excellent safety performance

RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--The Saudi Arabian Mining Company (Ma’aden) and Alcoa (NYSE:AA) celebrated the achievement of the First Hot Metal milestone today 12/12/2012 at their joint venture smelter project at Ras Al Khair in Saudi Arabia. This milestone marks the successful commissioning of the first of 720 smelting furnaces or “pots”, and is a key step toward the commercial production at the smelter.

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