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FINANCIAL NEWS
Saudi Maaden, Alcoa award contracts worth $275m
01 Sep 2010
(MENAFN) Saudi state-run mining firm Maaden and US partner Alcoa said that they have awarded $274.7 million worth of contracts for a mega aluminum complex in Saudi Arabia, SPA reported.
The contracts are mainly to provide equipment for the rolling mill at Ras Azzour on the Gulf coast, where the two companies plan to build the world’s largest fully integrated aluminum complex.
The contracts were awarded to Germany’s SMS Siemag and BWG Bergwerk, Austria’s Ebner and US Wagstaff, Maaden said.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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