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Saudi-Alcoa JV awards $453m contractsState-controlled Maaden on Sunday said it awarded contracts worth $453 million for its planned Saudi-based aluminium joint-venture with Alcoa. Maaden, also known as the Saudi Arabian Mining Company, said in a statement that a $202 million More… |
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Rio Tinto quits $10bn Saudi aluminium JVMining giant Rio Tinto is unable to finance its 49 per cent stake in an aluminium joint venture in Saudi Arabia, projected to cost $10 billion because of the global crisis, its Saudi partner said on Wednesday. 'Rio Tinto will not be ab More… |
