KSA Business: Maaden, GlassPoint to build largest solar process heat plant – Gulf Digital News

KSA Business: Maaden, GlassPoint to build largest solar process heat plant – Gulf Digital News

Saudi mining company Maaden has signed a deal with GlassPoint, a leader in industrial solar steam, to facilitate the study to develop the world's largest solar process heat plant at its alumina refinery in Ras Al Khair on the kingdom's east coast.

One of the fastest-growing mining companies in the world, Maaden operates the largest and most efficient vertically integrated aluminum complex in the world.

When complete, the 1,500 MW facility will help Maaden achieve sustainability goals by reducing carbon emissions by over 600,000 tonnes annually.

This represents more than 50% reduction of carbon footprint in Maaden's Alumina refinery and 4% of its overall carbon footprint, said the statement from the Saudi mining group.

Under this agreement, Maaden and GlassPoint will work together developing a more sustainable way to produce aluminum, which is a crucial metal for many global industries and the energy transition.

This MoU also represents GlassPoint's reemergence as a leader in solar process heat.

The deal was signed at Maaden HQ in Riyadh, Saudi Arabia by Riyadh Al Nassar, the Senior Vice President of Maaden's Aluminum Business and Rod MacGregor, CEO and Founder of GlassPoint in the presence of Maaden CEO Robert Wilt and GlassPoint CCO Jacob Drejer.

"As the third pillar of the