Saudi Arabian Mining Company (MA’ADEN), Saudi Arabia-based mining companies, and California-based solar firm GlassPoint have entered into a memorandum of understanding to develop a solar process heat plant at MA’ADEN’s Alumina refinery.
When complete, the 1.5-gigawatt solar steam facility will help MA’ADEN achieve sustainability goals by reducing carbon emissions by more than 600,000 tons annually. It represents more than 50 percent reduction of carbon footprint in MA’ADEN’s Alumina refinery and 4 percent of MA’ADEN’s overall carbon footprint.
“As the third pillar of the Saudi economy, we aspire to be a role model in ESG in the Kingdom. This significant development will dramatically reduce our carbon footprint and bring us closer to our mandate of carbon neutrality by 2050. As the world moves towards green aluminum, MA’ADEN intends to help lead the way in this transition,” said Robert Wilt, CEO of MA’ADEN.
Riyadh Al Nassar, senior vice pr