Ma’aden announces strategic partnership with Ivanhoe Electric Inc. (IE) to acquire a 9.9% interest in IE and form a joint venture to explore strategic minerals in Saudi Arabia
Saudi Arabian Mining Company (Ma’aden) announces that it has entered into an agreement with Ivanhoe Electric (IE) that will see Ma’aden subscribing to new shares in IE resulting in a 9.9% equity interest for USD126 million. As part of the agreement, Ma’aden and IE will also establish a 50:50 joint venture to explore copper, gold, […]
