MA’ADEN FIRMLY ESTABLISHES SAUDI ARABIA’S POSITION AS A GLOBAL EXPLORATION HUB WITH GOLD AND COPPER DISCOVERIES
Jan 15, 2025
Saudi Arabian Mining Company (“Ma’aden”) has announced significant updates in its efforts to explore and unearth Saudi Arabia’s mineral endowment at the Future Minerals Forum 2025:
• The achievement of promising gold and copper intercepts in the Arabian Shield, with a brand-new gold discovery at Wadi Al Jaww and further success at Jabal Shayban, in a first set of drill results which indicate an exciting new potential gold and copper district.
• New drilling results from Ma’aden’s flagship Mansourah - Massarah gold mine showing strong gold mineralisation, building on the exploration program’s previous success.
• Ma’aden continues to undertake one…
MA’ADEN AND ALUMINIUM BAHRAIN AGREE TO DISCONTINUE DISCUSSIONS OVER POTENTIAL COMBINATION OF MA’ADEN ALUMINUM BUSINESS UNITS WITH ALBA
Jan 13, 2025
Saudi Arabian Mining Company (Ma’aden), the region’s largest multi-commodity metals and mining company, and Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminum smelters, today announced that both parties have agreed to discontinue discussions on a potential combination of Ma’aden’s aluminum business units with Alba.
Ma’aden will continue to pursue its strategic growth agenda for its aluminum business, ensuring sustainable and impactful development regionally and globally.
Ma’aden picks up the pace as it launches global partnership with Aston Martin Aramco Formula One® Team
Oct 30, 2024
The Saudi Arabian Mining Company, Ma’aden, the largest mining and metals company in the Middle East and fastest growing in the world, has announced today that it has signed a new multi-year, global partnership with the Aston Martin Aramco Formula One® Team.
The partnership will be integral to the company’s ongoing transformation as it aims to attract and retain top talent that will help facilitate ambitious growth over the coming years.
Together, Ma’aden and Aston Martin Aramco will drive forward a technology-led, sustainably conscious new generation of mining, to become an employer of choice in the Kingdom. In addition,…
MA’ADEN AGREES TO ACQUIRE SABIC'S STAKE IN ALUMINIUM BAHRAIN TO FURTHER REGIONAL GROWTH
Sep 17, 2024
Saudi Arabian Mining Company (Ma’aden), the region’s largest multi-commodity metals and mining company, has agreed to acquire SABIC’s 20.62% share in Aluminium Bahrain (ALBA), following the satisfaction of certain agreed conditions, as it continues to pursue regional growth opportunities across its business.
The transaction is indicative of Ma’aden’s continued growth and ambitions to grow 10x by 2040, with its aluminum business a core contributing factor to that strategy.
The announcement comes on the back of the news that Ma’aden and Aluminium Bahrain (Alba) have signed non-binding Heads of Terms to explore the potential to form a global aluminum powerhouse in…
MA’ADEN AND ALUMINIUM BAHRAIN AGREE TO EXPLORE POTENTIAL COMBINATION OF THEIR ALUMINIUM BUSINESSES FORMING GLOBAL ALUMINIUM CHAMPION
Sep 16, 2024
Saudi Arabian Mining Company (Ma’aden), the region’s largest multi-commodity metals and mining company, and Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, have signed a non-binding Heads of Terms to pursue the potential formation of a global aluminium leader.
This potential combination of Ma'aden's aluminium business and Alba will create a global powerhouse in aluminium production. It will bring together more than 75 years of combined experience in operational excellence and performance with the financial strength and production capacity to compete globally.
The companies have also agreed to explore a cross listing on the Saudi Stock…