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Alcoa sells Saudi JV for $1.1B in cash and stocks

US aluminium giant to take 2.2% stake in Ma’aden

Nathan Richardson
Alcoa sells Saudi JV for $1.1B in cash and stocks

Saudi state-owned miner Ma'aden and US aluminium giant Alcoa have struck a US$1.1 billion deal that'll see the former take full control of their joint venture asset and the latter take a 2.2% stake in...

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