[Ma’aden Reports Surge in Flat Rolled Aluminium Production]
On May 8, 2025, Saudi Arabian aluminium producer Ma’aden reported a 48% year-on-year increase in flat rolled products (FRP) output for Q1, reaching 72kt compared to 57kt in Q1 2024. Alumina production rose 9% to 478kt, and primary aluminium output edged up 1% to 249kt. Despite a 9% drop in aluminium business unit revenue to SAR 2.71 billion ($722.5 million) from the previous quarter, EBITDA rose 4% quarter-on-quarter, supported by stronger FRP and aluminium prices.
FRP sales volumes grew 26% year-on-year, aided by improved pricing. Ma’aden expects to produce 850–1150kt of primary aluminium and 250–310kt of FRP in 2025. The company noted that proposed US tariffs would have limited direct financial impact but could temporarily disrupt trade flows. It emphasized its competitive cost structure and diversified customer base, and said it would monitor developments closely.
