[Haichuan Overseas Engineering] The kick-off meeting for Phase 1 of the Saudi ACMC Super Complex project (production of vanadium oxide from vanadium ore concentrate) was held at Tianchen

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Recently, the kick-off meeting for Phase 1 of the Saudi ACMC Super Complex project (production of vanadium oxide from vanadium ore), which is under the general contracting of China National Chemical Corporation Tianchen, was successfully held at Tianchen Company. Advanced Circular Materials Company (ACMC), Shell Advanced Recycling in Metallurgy and Volatiles (SARBV), and China National Chemical Corporation Tianchen attended the meeting. At the kick-off meeting, the two parties had in-depth discussions on aspects such as project management, design, procurement, construction, and schedule. They thoroughly addressed the key challenges encountered during project execution and formulated targeted solutions to lay a solid foundation for the smooth progress of the project. It is reported that the Advanced Circular Materials Company was established through a joint investment by Shell, AMG, and Al Jomaih; it will build and operate a world-class \"metal recycling complex\" in the Jubail Industrial City in Saudi Arabia. Royal Dutch Shell is the main investor in this project and is responsible for its implementation. As the supplier of petroleum refining waste for this project, Saudi Aramco has paid close attention to and provided strong support for the progress and implementation of the project. This project is well in line with the objectives of Saudi Arabia’s \"Vision 2030\" and the \"Saudi Green Initiative\". By leveraging resource recycling and green technologies, it promotes a low-carbon transformation of the local industry. It not only facilitates the development of a circular economy model but also provides strong support for economic diversification and the achievement of climate goals in Saudi Arabia, achieving an organic integration of economic, social, and environmental benefits. It thus injects new momentum into the optimization of Saudi Arabia’s energy structure and the upgrading of its national economy.