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...
Saudi Arabian Mining Company
EGA And Ma’aden Extend Aluminium Technology Partnership
Emirates Global Aluminium PJSC (EGA) has extended its agreement with state-owned mining firm Saudi Arabian Mining Company (Ma’aden) to explore and maximize opportunities in the aluminium sector. This week’s agreement tacks on to the end of a 2018 Memorandum of Understanding to...
Saudi’s Ma’aden Angling to Expand Operations Overseas, Refinance Aluminium Smelter Loans
Saudi Arabian Mining Company (Ma’aden) told domestic media over the weekend that it intends to expand outside the kingdom’s borders,...
Saudi’s Ma’aden Seeks to Refinance US$2.88 Billion for Expansion of Aluminium Complex
Saudi Arabian Mining Company (Ma’aden) is reportedly seeking to refinance US$2.88 billion in debt accrued by subsidiary Ma’aden Aluminium Company....
Events
Strong Aluminium, Alumina Production Boost Ma’aden’s Q1 Numbers
Riyadh’s Saudi Arabian Mining Company (Ma’aden) turned in strong financial numbers last quarter thanks in large part due to significant strides in aluminium and alumina production, coupled with the recovery of global aluminium prices. Ma’aden turned out 369 thousand metric tons of alumina in the quarter, a 5% increase over the previous quarter. The firm […]
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 […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
