Saudi Arabian Mining Company (Ma’aden), one of the fastest-growing mining companies in the world, has signed an agreement to extend its Memorandum of Understanding with Emirates Global Aluminium (EGA).
The MoU will enable the two companies to deepen the focus on R&D, aiming at both conventional and green technologies targeting areas of smelting, waste management and recycling.
“This partnership aims to increase the cooperation between Ma’aden and EGA to work together towards a greener aluminium,” Riyadh Al Nassar, Senior Vice President of Ma’aden’s Aluminium business said.
Abdulnasser Bin Kalban, EGA’s Chief Executive Officer, said the MoU will extend their agreement with Ma’aden on potential cooperation in technology and other development to support the sustainability of the two companies.
Ma’aden operates the largest vertically integrated aluminium complex in the world in Ras Al Khair on Saudi Arabia’s east coast. It’s mine-to-market aluminium business comprises the Al Ba’itha mine and fully integrated refinery, smelter, rolling and export facilities.
