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Saudi’s Maaden unit to supply aluminium sheets to Lucid Motors

Story Highlights
  • The three-year supply agreement was signed at the Future Minerals Forum

Saudi Arabian Mining Company’s (Maaden) wholly owned subsidiary, Maaden Rolling Company, has signed an agreement to supply high-quality aluminium sheets with different specifications to US electric carmaker Lucid Motors.

The three-year supply agreement was signed at the Future Minerals Forum, the Saudi-listed mining company said on the social messaging platform X.

The supply of aluminium sheets will help Maaden play a role in accelerating the global energy transition, the post said.

(Writing by D Madhura; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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© ZAWYA 2024

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