Empresas y finanzas

Maaden signs $1.5 billion aluminum refinery contract

DUBAI (Reuters) - Saudi Arabian Mining Company (Maaden) <1211.SE> has signed a $1.5 billion contract with Hyundai Engineering & Construction Co. <000720.KS> to build an aluminum refinery in the kingdom's Eastern Province, a bourse statement said on Sunday.

The refinery will have an annual production capacity of 1.8 million metric tons of smelter-grade alumina and is scheduled to be completed by the end of 2014, the statement added.

(Reporting by David French; Editing by Matt Smith)

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