Innovation Group plans to establish a green integrated aluminum industrial park project in Saudi Arabia

Shandong Innovation Group plans to establish a green, low-carbon aluminum industrial park project in Saudi Arabia, integrating alumina refining, aluminum smelting, power plant, and aluminum processing. This project is known as the Saudi Red Sea Aluminum Industry Chain Comprehensive Project. This move is in response to China's "Belt and Road" Initiative and Saudi's Vision 2030, as well as Innovation Group's strategies of "building a world-class green aluminum industry group" and "going global".

The project is located in Yanbu Industrial City, a key coastal town in the Medina Province of western Saudi Arabia. The industrial park boasts a superior geographical location, approximately 347 kilometers from Mecca, the first holiest site in Islam, and about 200 kilometers from Medina, the second holiest site. The first phase of the project has an annual aluminum capacity of 500,000 mt.