Saudi contractor inks deal with Maaden Aluminum

05 October 2016

Al-Khodari Sons Company will build smelter pot lining facility in Ras al-Khair

Saudi contracting firm, Abdullah A M Al-Khodari Sons Company has signed an agreement with Maaden Aluminum Company to build Maaden Smelter Pot Relining Facility in Ras al-Khair.

The SR49.1m ($13m) contract will be finished in nine months from the day of handing over the site, the contractor said in a statement to Saudi Stock Exchange (SEC), where its shares are traded.

The financial impact of the contract is expected to start in the fourth quarter of this year, it added.

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