Robert Wilt, CEO of Saudi Arabian Mining Co.
Saudi Arabian Mining Co. (Maaden) curtailed production at the aluminum smelter jointly owned with Alcoa Corp. after experiencing operational problems, Bloomberg reported, citing CEO Robert Wilt.
He said the company is ramping output back up, adding Maaden stopped work on some of its potlines due to quality-control issues and looked to stabilize the plant.
Wilt said that no customers would be impacted, declining to reveal the amount of production affected.
The CEO ruled out any impact on the company’s budget.
According to data available in Argaam, Maaden owns a 74.9% stake in the joint venture Maaden Aluminium Co. Alcoa holds the remaining 25.1%.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}