CHART: Global mining and metals – a quick reality check Demand for energy transition metals has injected optimism into mining, but it represents only a sliver of the $4 trillion global industry. Frik Els | September 19, 2024 | 1:15 pm
Saudi Arabia targets control of Alba to bolster metals ambitions Ma'aden announced a series of deals this week involving Aluminium Bahrain. Bloomberg News | September 19, 2024 | 6:59 am
Ma’aden to acquire over 20% stake in Aluminium Bahrain from SABIC The latest transaction is indicative of Ma’aden’s continued growth and ambitions to grow 10 times by 2040, it said. Staff Writer | September 17, 2024 | 8:14 am
Ma’aden, Bahrain’s Alba partner to pursue global aluminum business This potential combination would create a global powerhouse in aluminum production, the companies said. Staff Writer | September 16, 2024 | 11:46 am
Vedanta alumina output unaffected after water breach Rising alumina prices have already been putting pressure on aluminum makers’ margins. Bloomberg News | September 16, 2024 | 8:42 am
Alcoa to sell its 25.1% stake in Ma’aden joint venture for $1.1 billion After completing the transaction, Alcoa would own approximately 2% of Ma’aden’s current shares outstanding. Reuters | September 15, 2024 | 8:17 am
Vedanta Resources raises $900 million via dollar bonds The proceeds will be used to repay Vedanta's existing bonds and related transaction costs. Reuters | September 11, 2024 | 6:12 am
Net zero needs more metals, but less extraction from the Earth All the refined metals needed to reach net zero by 2050 will add up to less than the amount of coal mined in 2023 alone, according to Energy Transitions Commission. Bloomberg News | September 10, 2024 | 11:09 am
China plans to include steel, cement and aluminum in its carbon market Starting from 2026, importers of steel, fertilizer, cement and chemicals will pay levies based on the carbon footprint of the products they buy. Reuters | September 9, 2024 | 6:50 am
