Browsing Tag
Ma’aden
5 posts
Vale Base Metals IPO reportedly shelved as $24.6bn valuation benchmark meets surging copper earnings
Vale has reportedly put the Vale Base Metals IPO on hold indefinitely after preparing the copper-and-nickel unit for a potential 2026 listing. The decision comes after VBM generated $3.36 billion of 2025 adjusted EBITDA and another $2.49 billion in the first half of 2026. Manara Minerals’ earlier 10% investment implied roughly $24.6 billion of equity value, making the postponed listing as much a valuation decision as a political one.
Aramco and Ma’aden sign shareholders agreement for Zone-4 copper exploration
Aramco and Ma'aden signed a Zone-4 shareholders agreement covering 10% of Saudi Arabia, quietly pivoting the JV from lithium to copper and rare earths.
Alcoa Corporation (NYSE: AA) stock slips despite Q3 profit—are tariffs and weak core to blame?
Alcoa’s Q3 2025 earnings surged on non-recurring gains, but adjusted profit turned negative. Explore what’s next for the aluminum giant amid cost pressure.
Alcoa restructures partnership with Ma’aden in $1.1bn deal
Alcoa Inc. (NYSE: AA, ASX: AAI) has entered into a binding share purchase and subscription agreement with Saudi…
Vale secures strategic investments for energy transition metals business
Vale, a global leader in the metals industry, has entered into a binding agreement with Manara Minerals, a…