Fluor bags contracts on $11bn mining super-project
24 May 2010
London – Fluor Corp. has won a series of contracts from a joint venture comprising Saudi Arabian Mining Co., (also known as Ma’aden), and Alcoa, to provide program management consultancy (PMC) and engineering, procurement and construction management (EPCM) services for a number of projects related to the development of the integrated Ras Az’Zawr aluminum complex.
The estimated $10.8bn super-project will include a bauxite mine, alumina refinery, aluminum smelter and rolling mill. In the second quarter of 2010, Fluor expects to book about $3bn covering four separate scopes of work for the Ras Az’Zawr complex.
Fluor’s scope of work includes:
Overall PMC services for the development of the entire Ras Az’Zawr aluminum complex;
EPCM services, in a 50:50 JV with Australia’s WorleyParsons, for the mine and alumina refinery with an expected delivery date of Q4/13
Stand-alone EPCM services for the site’s rolling mill also with an expected delivery date of fourth quarter of 2013; and
Stand-alone EPCM services for Ras Az’Zawr site’s integrated infrastructure.
“The mining & metals sector continues to be a bright spot for Fluor and the commencement of this significant project in a key region of the world is another sign of the strengthening global economic recovery,” said David Seaton, Fluor’s chief operating officer.
Once completed, the super-project will include a bauxite mine with an annual capacity of 4 million tons at Al Ba’itha, a 1.8 million tons-per-year refinery, a 740,000 tons-per-year smelter, and a rolling mill with a capacity of up to 460,000 tons.
Fluor will execute the engineering for the Ras Az’Zawr projects from its offices in Al Khobar, Saudi Arabia; New Delhi, India; and Greenville, South Carolina; with support from other global Fluor locations.
