Alba and Ma’aden End Discussions on Potential Aluminium Business Combination
TDT | Manama
Email: mail@newsofbahrain.com
Aluminium Bahrain BSC (Alba), the world’s largest single-site aluminium smelter, and the Saudi Arabian Mining Company (Ma’aden) have announced a mutual decision to discontinue discussions regarding a potential combination of Alba with segments of Ma’aden’s Aluminium Strategic Business Unit.
The decision underscores both companies’ independent strategic priorities. Alba reaffirmed its commitment to pursuing its ambitious growth agenda, emphasizing its world-class operations and solid market position. The company aims to capitalize on the increasing global demand for sustainable aluminium, reflecting its focus on innovation and environmental stewardship.
This development highlights Alba’s resolve to strengthen its leadership in the aluminium industry while maintaining its status as a key player in the evolving market for green and sustainable metals.
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