Ma'aden focused on its vision to become a top 10 global producer of Aluminum
Dec 01, 2022
Saudi Arabian Mining Company (Ma’aden), one of the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East, has concluded its participation in Arabal 2022, which took place from 29 November – 1 December in Cairo, Egypt uniting aluminum experts and industry leaders from across the MENA region.
The event brought together leaders in the aluminum industry to discuss the actions required for more sustainable aluminum productions, as well as the future of the industry.
Ma’aden’s participation reinforced its vision to become a top 10 global producer of aluminum at…
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No Translation, MA’ADEN DELIVERS CONTINUED GROWTH: Strong Q3 results follow record first half performance
Nov 01, 2022
- • Q3 sales up 50% year on year, at SAR 10 billion for the quarter
- • Q3 EBITDA increased by 37% year-on-year to reach more than SAR 4.2 billion
- • Net profit increased by 71% year-on-year to reach SAR 2.7 billion in Q3
Saudi Arabian Mining Company (Ma’aden), the largest multi-commodity mining and metals company in the Middle East, today announces its financial results for the third quarter of 2022.
Q3 2022 Sales increased by 50% compared with the same period in 2021, reaching SAR 10 billion (US$ 2.7 billion). Ma'aden enjoyed higher production volumes during the period,…