On Wednesday, November 19, the US miner MP Materials experienced a sharp rise of 8.61 per cent in its stock movement to US$63.55 following a new rare earth refinery deal signed with the US Department of Defence and the Saudi Arabian Mining Company, Maaden. The signing of the deal stemmed from the...
Maaden Bauxite and Alumina Company (MBAC), a subsidiary of Maaden, one of the world's fastest-growing mining companies, has entered into a Power Purchase Agreement (PPA) with Emerge. Emerge is a joint venture between Masdar, a global leader in clean energy, and EDF Power Solutions, renowned for...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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On July 1, 2025, Ma'aden, Saudi Arabian Mining Company, finalised its acquisition of almost 25.1 per cent stakes in MBAC (Ma'aden Bauxite and Alumina Company) and MAC (Ma'aden Aluminum Company), two critical pieces of Saudi Arabia's aluminum value chain. Previously, Alcoa held a 25.1 per cent...
Alcoa Corporation has announced the successful closing of its sale of a 25.1 per cent ownership interest in the Ma’aden Joint Venture to the Saudi Arabian Mining Company (Ma’aden), by a binding share purchase and subscription agreement. Through this transaction, Alcoa has received proceeds of...
Saudi Arabian mining company Ma'aden is close to achieving total control of its integrated aluminium business after getting critical regulatory consent to buy Alcoa's 25.1 per cent stakes in two significant joint ventures. The Capital Market Authority (CMA) approved the offer by Ma'aden to buy...
RX, the global powerhouse behind world-class events and the renowned ALUMINIUM exhibition in Düsseldorf, has unveiled an exciting new chapter for the aluminium industry, ALUMINIUM Arabia. Set to make its grand debut at The Arena Riyadh from 27 to 29 April 2026, this landmark event will spotlight...
A Saudi state-owned mining company, Ma’aden, also known as Saudi Arabian Mining Co., has reported a strong operational performance for the first quarter of 2024, with a year-on-year increase in alumina, primary aluminium, and flat-rolled (FRP) production. Among all the products mentioned above,...
The Middle East is now a name that we closely associate with low-carbon aluminium production, cutting-edge smelting technology, digital innovations, and sustainability initiatives. The region has evolved from an oil-dependent economy to a burgeoning hub for aluminium manufacturing, supported by...
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