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TODAY: Saudi-backed Royal Road Minerals secures Copper-Gold mining site in Morocco + COP16 biodiversity action talks stumble over finances
What we’re tracking this morning regionally and around the world
KSA’s Ma’aden and Bahrain’s Alba explore a merger + Ma’aden snaps up Sabic’s entire stakes
This will boost Ma’aden’s holding in Alba to 20.6%.
TODAY: Adnoc JV places a mega order for alternative fuel carriers
What we’re tracking this morning regionally and around the world
Ma’aden greenlights aluminum recycling plant in Ras Al-Khair
The plant is expected to produce 400k metric tons annually
Fertiglobe, Tabreed, and Ma’aden post 1Q earnings
Fertiglobe and Tabreed’s bottomlines dipped while Ma’aden had a good 1Q
Ma’aden and PIF close 10% stake acquisition in Vale Base Metals
The transaction is worth an estimated USD 2.6 bn
PIF-backed Lucid expands US EV plant and inks supplier agreement with Ma’aden
The new expansion will see the automaker develop a new general assembly line, quality and semi-knock down centers, and expanded…
Ma’aden and GlassPoint reveal first phase of world’s largest solar thermal plant
The facility — set to be the world’s largest STE plant — will generate 1.5 GWth of clean energy
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