Qatalum closes USD 2.6 billion project finance deal. On Thursday, Qatalum successfully closed a project finance package with lending institutions for the construction of the new aluminium plant in Qatar. Upon closing the deal, Abdulla Salatt, Senior Advisor to Qatar’s Deputy Premier, Minister of Energy & Industry and QP Managing Director, Chairman of Qatalum Board of Directors, said: “Qatalum is another step in our long-term strategy to diversify our energy resources.