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Iran to build aluminium project in Arvand zoneIran plans to build a new aluminium project at the Arvand Free Zone to help develop the region's economy, Akbar Torkan, Iran’s senior presidential advisor, was quoted as saying by a local newspaper. The new factory&rsquo More… |
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Saudi Maaden inks $1bn finance dealSaudi Arabian Mining Company (Maaden) said its subsidiary Bauxite and Alumina Company has signed a SR 3.75 billion ($1 billion) financing agreement with the Public Investment Fund (PIF) for the second phase of its aluminium project. The se More… |
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Mubadala plans $7bn Malaysia aluminium projectAbu Dhabi’s Mubadala Development Company has announced plans to invest $7 billion in Malaysia's aluminium sector as part of its strategic partnership deal with 1Malaysia Development Berhad (1MDB). The UAE investment fund company signed More… |
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Saudi aluminium project to cost $7.5bnSaudi Arabian Mining Co (Maaden) said an aluminium venture it is developing with Rio Tinto will cost $530 million more than expected, or 28.24 billion riyals ($7.53 billion), because of higher prices. The companies may also expand the proj More… |
