Saudi Arabian Mining Co. — Capital/Financing Update 2018

Dec 6, 2018

Addendum Announcement from Saudi Arabian Mining Co. in regards The Date of Commencement of commercial production of the MA’ADEN ROLLING COMPANY.

1211 · 06/12/2018 15:30:55 · Announcement #52863 · View on Saudi Exchange

Addendum Announcement from Saudi Arabian Mining Co. in regards The Date of Commencement of commercial production of the MA’ADEN ROLLING COMPANY.

Element List	Explanation
Date of posting the previous announcement on Tadawul’s website	2014-06-24 Corresponding to 1435-08-26
Change Details on development	Further to the announcement dated Monday 26/08/1435H (corresponding to 24/06/2014G) the Saudi Arabian Mining Company (Ma’aden) announces the date of commencement of commercial production of the Ma’aden Rolling Company (MRC), on Sunday 02/04/1440H (corresponding to 09/12/2018G).

The plant has been designed to produce 380 Kmt per year of aluminium flat rolled products. Financial Impact on the change The impact on earnings of MRC’s commercial production will be recognized in the Company’s 2018 fourth quarter financial results. Additional Information Note that Ma’aden Rolling Company is 74.9% owned by Ma’aden and 25.1% owned by Alcoa.

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