01 DECEMBER 2010AL CIRCLE
Ma’aden and Alcoa Sign Bank Financing for Ma’aden Aluminum Smelter and Ma’aden Can-Sheet Rolling Mill
Edited by : AL CIRCLE
1 min read
...RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--Ma’aden, the Saudi Arabian Mining Company, and Alcoa today announced that the Ma’aden Aluminium Company and Ma’aden Rolling Company both of which are owned 74.9% by Ma’aden and 25.1% by Alcoa have signed bank financing for the Middle East’s first fully integrated aluminum smelter and food-grade can-sheet rolling mill in the Kingdom of Saudi Arabia.. Sixteen financial institutions, together providing over US$1.9 billion, participated in the signing. The financing has been heavily oversubscribed...
Previous article
Japan shipments for aluminum products up by 6pct YoY
Next articleAlbemarle to increase price of trimethyl aluminum
Grow with
AL Circle
