PIF, Aramco, and Baosteel entered a shareholders’ agreement to establish the first integrated steel plate manufacturing complex in Saudi Arabia

Maaden discovered significant gold resource potential extending along a 100 km strike from the existing Mansourah Massarah gold mine, the first find from the company’s extensive exploration program launched in 2022 to build Maaden’s production pipeline

Manara Minerals Investment Company acquired 10% of Vale Base Metals Limited, a global leader in the mining industry with projects in Canada, Brazil, and Indonesia

Maaden completed its first international senior sukuk offering with an aggregate face amount of US$ 1.25 billion. With orders exceeding US$ 11.5 billion (9.2 times oversubscribed), it has become one of the most successful debut international sukuk offerings in Saudi Arabia to date

Maaden and Alcoa, a global leader in the production of aluminum, enter into a Share Purchase Agreement and a Subscription Agreement for Alcoa’s current investment in Maaden Aluminum Post-transaction, Maaden will become the sole owner of MAC and MBAC, both key players in the regional aluminum value chain. MAC, with a capital of SAR 6.57 billion, and MBAC, capitalized at SAR 5.1 billion, will be fully integrated under Maaden's operational control

Maaden and Saudi Aramco announced the signing of non-binding Heads of Terms to establish a minerals exploration and mining joint venture in Saudi Arabia. The JV will focus on energy transition minerals, including extracting lithium from high-concentration deposits and advancing cost-effective direct lithium extraction (DLE) technologies

Maaden acquired 9.9% of the shares of Ivanhoe Electric Inc. and formed a 50/50 joint venture to undertake one of the largest exploration programs ever conducted

Maaden acquired a 20.62% stake in Bahrain’s Alba from SABIC. The transaction is indicative of Ma’aden’s continued growth and ambitions to grow 10x by 2040, with its aluminum business as a core contributing factor to that strategy