# Alcoa closes sale of 25.1% Ma'aden JV stake for $1.35B

Alcoa Corporation has closed the sale of its 25.1% ownership interest in the Ma'aden Joint Venture to Saudi Arabian Mining Company (Ma'aden) for approximately $1.35 billion, consisting of Ma'aden shares valued at $1.2 billion and $150 million in cash. Alcoa now holds about 2% of Ma'aden's outstanding shares.

- Type: Acquisition
- Announced: 2025-07-02
- Where: Saudi Arabia
- Value: $1.35B
- Status: completed
- Products: bauxite, alumina, aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcoa Corporation](https://endata.com/companies/7297.md)
- [Saudi Arabian Mining Company (Ma'aden)](https://endata.com/companies/70275.md) (acquirer)

## Sources

- [alcircle.com](https://www.alcircle.com/news/alcoa-closes-sale-of-25-1-ownership-in-maaden-joint-venture-for-usd-1-35-billion-114580), 2025-07-02: "While today marks the end of the Joint Venture, the closing of this transaction demonstrates the initial value to our shareholders and enables visibility within Alcoa's financials until we monetise in the future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.