Saudi Arabian Mining Company (Ma'aden)

Activity by year

2023202420252026

PartnershipAcquisition

Jul 2, 2025ACQUISITIONSaudi Arabia$1.35B
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.
Alcoa Corporation Saudi Arabian Mining Company (Ma'aden) acquirer #Steel and Metal Products alcircle.com
May 15, 2023PARTNERSHIPKingdom of Saudi Arabia, Saudi Arabia$126.5M
Ivanhoe Electric and Ma'aden sign definitive agreement for exploration joint venture
Ivanhoe Electric and Saudi Arabian Mining Company Ma'aden signed a definitive agreement to form a 50/50 exploration joint venture in Saudi Arabia. Ma'aden will also make a US$126.5 million strategic investment in Ivanhoe Electric common stock.
Ivanhoe Electric partner Saudi Arabian Mining Company (Ma'aden) partner #Mining Equipment bourse.lavenir.net

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