Background

Background

Ma’aden is a company with a global head, but a local heart.

Ma’aden Aluminium's fully integrated high efficiency aluminium production complex is the first of its kind in the world. Its three interconnected companies bring together Mining, Refining, Smelting, Casting and Rolling - offering a fully integrated value chain from bauxite mine, to product, to market. Two of the companies, Ma’aden Aluminium Company and Ma'aden Bauxite and Alumina Company are joint ventures between Ma'aden and Alcoa Corp., a global leader in lightweight metals technology, engineering and manufacturing.

The mining sector
contributes

Ma’aden Aluminium is a key part of the wider Ma’aden operations, delivering value for the Company, Saudi Arabia, customers, and investors. We are a major contributor to Saudi Arabia’s GDP and job creation, and an important enabler to local downstream industries. Our cutting-edge, integrated aluminium complex supplies high quality aluminium solutions to customers in both local and international markets.

2020 was a year when COVID-19 impacted on businesses across the globe and therefore impacted on Ma’aden Aluminium in a range of ways. It affected the markets that we supply and where revenues are generated, although demand for can products was strong in 2020. It made the procurement of equipment difficult, affected our staffing levels and disrupted our logistics chains.

Yet, despite these challenges, our production reached record levels in 2020, and sales remained strong. What we learned from the year, was that having strong business fundamentals, effective leadership, efficient processes, and skilled people provides a foundation for resilience, in even the most challenging of times.