Maaden Rolling Company (MRC), a wholly-owned subsidiary of the Saudi Arabian Mining Company (Maaden), has recently entered into a three-year supply agreement with Lucid Motors, a prominent US electric car manufacturer.
The deal, formalized during the Future Minerals Forum, involves the provision of high-quality aluminium sheets with varying specifications. This collaboration underscores Madden's commitment to actively contributing to advancing the global energy transition.
MRC, a company wholly owned by Ma'aden, boasts a production capacity of 460,000 tonnes annually. Its current manufacturing portfolio includes can sheets, end and tab stock utilized in beverage can production, and auto sheets tailored for the automotive industry.
Headquartered in Newark, California, Lucid Group, Inc. is an American producer specializing in electric luxury sports cars and grand tourers. The design of Lucid vehicles takes place in California, while their manufacturing is carried out at the company's factory in Arizona.
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