Alcoa Transfers Interest In Aluminium Rolling Mill Joint Venture To Ma’aden

Alcoa Transfers Interest In Aluminium Rolling Mill Joint Venture To Ma’aden

Pittsburgh aluminium pioneer Alcoa Corporation announced yesterday the amendment of its joint venture with Saudi Arabian Mining Company (Ma’aden), which will have the firm transfer its interest in a portion of the aluminium complex to Ma’aden along with a cash payment of...


Saudi’s Ma’aden Inks Agreement to Supply Aluminium Parts with Domestic Automaker

Riyadh’s Saudi Arabian Mining Company (Ma’aden) announced a partnership last month with the Saudi Arabia National Automotive Manufacturing Company (SANAM) to increase the aluminium content in vehicles made in the Kingdom of Saudi Arabia. Details were sparse, but the company indicated that the joint venture between it and American aluminium firm Alcoa has already yielded […]

Norsk Hydro Names Silvio Porto EVP of Bauxite and Alumina

Norsk Hydro announced yesterday that Silvio Porto has been appointed the new Executive Vice President Bauxite and Alumina and has been added as a member of Hydro’s Corporate Management Board. The nomination took effect yesterday as well. Porto, who is a native of Belém, the capital and largest city of the Brazilian state of Pará, […]

US$35 BN Saudi Arabian Minerals Project to Launch Tomorrow

Saudi Arabian King Salman bin Abdulaziz Al Saud is scheduled to open a US$35 billion minerals project in the kingdom’s Eastern Province on Tuesday. The project, in the city of Ras Al-Khair, includes an aluminium smelter, a port for the export of primary aluminium, and a facility for aluminium recycling. The project is part of […]