Maaden Rolling Company set to begin commercial production

06/12/2018 Argaam

 

Saudi Arabian Mining Company (Maaden) on Thursday said it will commence commercial production at its Maaden Rolling Company (MRC) from Sunday (Dec.9).

 

The plant will produce 380,000 MT per year of aluminium flat-rolled products, the mining major said in a statement to Tadawul.

 

The impact on MRC's earnings will be recognized in Maaden's Q4 2018 results.

 

MRC is 74.9 percent owned by Maaden and 25.1 percent by US-based Alcoa.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.