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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<p>The energy minister for Saudi Arabia, Khalid al-Falih told reporters at a conference in Jeddah that the kingdom plans to increase the contribution of its mining industry to national wealth three times by 2030 as measured by gross domestic product.<br /><br />Saudi Arabia is working on finalising...
<p>A subsidiary of Saudi Arabian Mining Co (Ma'aden) announced Sunday that commercial production at its new bauxite mine and alumina refinery has begun and export of some of this output could take off any time in the coming quarters.<br /><br /><img style="vertical-align: middle; display: block;...
<p>Ma’aden Aluminum, a joint venture of Saudi Arabian Mining Company "Ma’aden" and Alcoa, announced that its smelter & cast house has been awarded the ISO 9001:2015 which is the latest version of the accredited standard & specifications certificate of quality management...
Saudi Arabian Mining Company (Maaden) has announced the consolidated interim financial statements for the quarter and six months period ended June 30 2016. During the quarter under review, Maaden posted strong operational results across all its business verticals with higher production volume in...
Quintiq, a Dassault Systèmes company and global leader in supply chain planning and optimization (SCP&O), announced today that its planning and optimization software platform has been selected by Ma'aden Aluminium to facilitate a business planning transformation programme. Ma'aden Aluminium wanted...
Saudi Arabia Mining Company (Ma'aden) announced Sunday the interim financial results for the quarter ended on March 31 (three months). Financial highlights of the quarter vs same quarter last year Revenue declined by 17 per cent due to lower commodity prices for all products and decrease in...
The Saudi Arabian Mining Company (Ma’aden) announces a net profit of SR605 million for the financial year 2015, a decrease of 55% compared to its 2014 financial net results. Speaking on these results, Ma’aden CFO Khalid Al-Rowais pointed out that the company has been impacted with the decline of...
Five major GCC primary aluminium producers EGA (UAE), Alba (Bahrain), Ma’aden Aluminium (KSA), Qatalum (Qatar) and Sohar Aluminium (Oman) have collectively produced 5,274,729 tons of primary aluminium in 2015. 7% more than 2014. “This is the highest production record reflecting improved efficiency...
Aluminium Bahrain B.S.C (Alba), one of the world’s leading aluminium smelters, today, December 06, 2015 welcomed a VIP delegation from the Saudi Arabian Mining Company (Ma’aden) comprising its Chairman, Engr. Abdullah Al-Saif and President, Engr. Abdulaziz Al Harbi. Ma’aden’s VIP delegation met...
The Gulf Industry Fair 2016, taking place from 9 to 11 February at the Bahrain International Exhibition and Convention Centre will showcase the importance of the aluminium sector and ‘value added’ products in wealth creation of the economy. Led by Aluminium Bahrain (Alba), one of the world’s...
The member countries of the Gulf Cooperation Council (GCC) are making great strides in aluminium production. Together accounting for 15 per cent of global aluminium production, they are making significant headway, while simultaneously focusing on cost rationalisation and productivity enhancement....
Eastern Province Emir Prince Saud Bin Naif inaugurated the Arab International Aluminum Conference (ARABAL) at Dhahran Exhibition Center in Dammam Sunday in the presence of Petroleum and Mineral Resources Minister Ali Al-Naimi, CEO of Ma’aden Khaled Bin Saleh Al-Mudaifer, leading businessmen, top...
The CEO of the Saudi Arabian mining company "Ma’aden" Khalid bin Saleh Al-Mudaifer announced the patronage of His Royal Highness Prince Saud bin Nayef bin Abdul Aziz Al-Saud, the governor of the Eastern Province of the Arab International Aluminium Conference and Exhibition "ARABAL 2015", which will...
The Saudi Arabian Mining Company (Ma’aden) will organize a tour of its integrated aluminium facility for attendees of the Arabal conference taking place 15 – 17 November at Dhahran International Exhibitions Center in Saudi Arabia’s Eastern Province. The tour is intended to familiarize attendees...
The Saudi Arabian Mining Company (Ma’aden) announced the participation of 15 sponsors in the Arab International Aluminium Conference and Exhibition (ARABAL 2015), hosted by the company on November 15-17 in the Dhahran International Exhibition Center. Senior industry figures are scheduled to speak...
Saudi Arabian Mining Co (Ma'aden), the Gulf's largest miner, posted an 83.5 percent fall in third-quarter net profit on lower prices for its products. Ma'aden made a net profit of 79.9 million riyals ($21.3 million) in the three months to September 30, versus 485.4 million riyals in the...
The Arab International Aluminium Conference "ARABAL" organized by the Saudi Arabian Mining Company from 15 - 17 November in Dhahran International Exhibitions Center, Eastern Province, will discuss the integration of the aluminium upstream and downstream sectors throughout the GCC. On the first day...
The Saudi Arabian Mining Company (Ma'aden) announced the participation of 15 sponsors in the Arab International Aluminium Conference and Exhibition (ARABAL 2015), hosted by the company on November 15-17 in the Dhahran International Exhibition Center. Senior industry figures are scheduled to speak...
