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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
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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