JEDDAH, Saudi Arabia, Nov 21 (Reuters) - Saudi Arabian Mining Company (Maaden) 1211.SE will start inintial production at its aluminium smelter next month.

Maaden and Alcoa teamed up in 2009 to build a $10.8 billion aluminum complex at Ras al-Khair on the Gulf coast, which is fast becoming a Saudi mining centre.

The smelter will have a capacity of 740,000 tonnes per year and production will be ramped up gradually to that level, Maaden said on Wednesday.

In addition, the partners are developing a bauxite mine with the capacity to produce 4 million tonnes of the raw material for the plant a year, and a metal rolling mill with a capacity of up to 460,000 tonnes.

The first phase of the project, which includes the smelter and the rolling mill, should be running by 2013, while the mine and a refinery are expected to open in 2014, executives from the two companies have said.

(Reporting by Asma Alsharif and Reem Shamseddine; Editing by Dan Lalor)

((asma.alsharif@thomsonreuters.com)(+96626603848)(Reuters Messaging: asma.alsharif.reuters.com@reuters.net))

Keywords: MAADEN SMELTER/