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Saudi Arabia's Maaden acquired SABIC's 20.62% stake in Aluminium Bahrain (ALBA), aligning with Maaden's strategy to expand regional presence and form a global aluminum powerhouse.
Saudi Arabian Mining Company (Maaden) awarded an EPCM services contract to WorleyParsons Arabia and JESA International for Phase 1 of its Phosphate 3 complex project, valued at $278 million.
Metso has been awarded a contract by Maaden to supply a gold processing plant for the Ar Rjum mine in the Makkah region of Saudi Arabia. The order value is approximately €128 million ($149 million).