Logo ofSaudi Arabian Mining Co. (Maaden)
Saudi Arabian Mining Co.(Maaden) announced the completion of its acquisition of all shares owned by AWA Saudi Limited in Maaden Bauxite and Alumina Co. (MBAC), as well as the full acquisition of Alcoa Smelting Investments Saudi Arabia B.V. in Maaden Aluminium Co. (MAC). 
For more news and details on MAs
The company added in a statement on Tadawul that the consideration shares for both AWA and Alcoa (as the entitled shareholders of the new shares) were deposited and listed yesterday, July 1.
The financial impact of the acquisition deal will be shown in Maaden’s consolidated financial statements for the fiscal year ended June 30, 2025.
Logo ofSaudi Arabian Mining Co. (Maaden)
Saudi Arabian Mining Co.(Maaden) announced the completion of its acquisition of all shares owned by AWA Saudi Limited in Maaden Bauxite and Alumina Co. (MBAC), as well as the full acquisition of Alcoa Smelting Investments Saudi Arabia B.V. in Maaden Aluminium Co. (MAC).
For more news and details on MAs
The company added in a statement on Tadawul that the consideration shares for both AWA and Alcoa (as the entitled shareholders of the new shares) were deposited and listed yesterday, July 1.
The financial impact of the acquisition deal will be shown in Maaden’s consolidated financial statements for the fiscal year ended June 30, 2025.
