Maadaniyah extends MoU with IGL Group to establish aluminum foundry plant

30/08/2021 Argaam

Logo of National Metal Manufacturing and Casting Co.

National Metal Manufacturing and Casting Co. (Maadaniyah) announced the extension of the memorandum of understanding (MoU) signed with IGL Group to establish an aluminum foundry plant.

 

The extension period is run until the end of February 2022 and can be extended, the company said in a statement on Tadawul today, Aug. 30.

 

In February, Maadaniyah signed a six-month renewable MoU with IGL Group to establish an aluminum foundry plant, Argaam reported.

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