Maaden products. We are embarking on massive growth over the next 18 years across our phosphate, aluminum, gold, copper and new minerals – to leverage the Kingdom’s estimated $2. and JESA S. MIM - Maaden International Industries for Metal Co. 4 billion Saudi Riyal in 2020 from phosphate fertilizers, ammonia, and industrial minerals sales. is a prominent Saudi Arabian manufacturing company. Jan 11, 2022 · The recovery was due to higher average sales prices of all products except gold, the company said in a bourse filing. Oct 25, 2023 · Saudi Arabia’s flagship mining company Ma'aden is working to extract lithium from seawater, its chief executive Robert Wilt said on Wednesday, as competition for the rare metal rages between the 1 day ago · Maaden, as the Saudi miner is known, would sell the entire share capital of the units — Maaden Aluminium Co. 4 billion ‘Phosphate 3’ expansion to Ma’aden’s phosphate fertilizer portfolio, which encompasses the full mine-to-market development process of phosphate fertilizers. H. Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. 2 billion Saudi Riyal in 2020 from aluminum and alumina sales. Aug 26, 2022 · Saudi Arabian Mining Company, better known as Ma’aden, signed four preliminary agreements with Indian companies to boost exports of phosphate products and ammonia to Asia’s third-largest economy amid a strengthening of ties between the two countries. Yasir Bin Othman Al-Rumayyan. The MoUs include: • An agreement with the Indian Potash Company Limited to supply phosphate products. sa They are part of a diverse range of products that we use in our daily lives from construction to ceramics and paint to plastics. Ma’aden has gained a strong reputation in regional and global markets as a supplier of high quality primary aluminium products. ) is a Saudi state-owned mining company headquartered in Riyadh. Ma'aden is rapidly becoming among the leading players in the global phosphate trade. 57B in 2023; Q4 at SAR 890. Ma'aden's mission is to lead the development of the mining industry in Saudi Arabia, by maximizing the value of the mineral resources, while developing to be a Saudi Global Mining Giant. Jan 11, 2023 · Saudi Arabian Mining Co (Ma'aden) , the Gulf's largest miner, said on Wednesday it agreed to form a joint venture with the kingdom's sovereign wealth fund to invest in mining assets globally. His Excellency Yasir Bin Othman Al-Rumayyan is the Chairman of the Board of Maaden - Saudi Arabian Mining Company since the end of September 2019, the Governor of the Public Investment Fund since 2015, and serves as the advisor to the General Secretariat of the Cabinet of Ministers, a position he has held since 2016. 9 mln; Q3 loss at SAR 83. The work of mining and processing potash and phosphate minerals is an energy- and water-intensive endeavor. E. MIM believes in the value of serving the interests of its partners in the success of its employees, customers, and suppliers. (Alba) approved during its meeting on 16 September 2024 for Alba to enter into a non-binding agreement with Saudi Arabian Mining Company (Maaden) to commence due diligence towards a potential business combination involving segments of Maaden’s aluminium strategic business unit. Under its Strategy 2025, Ma'aden's new Sustainability Strategic Direction focuses on four main areas: 1. C. V. Shop your favorite Steve Madden shoes, handbags, apparel and accessories. 3 billion alumina refinery that will produce around 2 million mt/year to lower its imports by meeting 40% of Apr 29, 2024 · This accreditation highlights Ma’aden's commitment to operational excellence and increasing its portfolio of premium products as the company positions itself in key global markets at the same time as driving the decarbonization of supply chains… 2 days ago · Maaden profit soars to SAR 2B in H1 2024, SAR 1. 1 day ago · This would include Ma’aden contributing the entire share capital of two of its subsidiaries, Ma’aden Aluminium Company (MAC) and Ma’aden Bauxite and Alumina Company (MBAC), along with contractual rights concerning the marketing and sale of products produced by MAC, to Alba. . Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. P. 4M 12 M 2023 Maaden 9M 2023 profit drops 92% to SAR 686. After investing significant effort, time and resources in building a world-class, unique and fully integrated mining value chain, we are now focused on marketing our products worldwide, improving the return on our investments and consolidating our resources and experience – even as we continue to develop new locations and build new industrial Aug 13, 2023 · The fall in profit was despite higher sales volumes for all products except ammonia, primary aluminium and flat rolled products, a 6% fall in cost of sales due to a decrease in raw material costs 2 days ago · Maaden, as the Saudi firm is known, signed a deal with Alcoa to purchase its holdings in a bauxite facility and an aluminum smelter for 563 million riyals ($150 million) in cash and 3. , and Maaden Bauxite and Alumina Co. (MWSPC), or 25% of the share capital of MWSPC Contact Information. It also aims to grow over the next 18 years across its phosphate, aluminium, gold, copper and new minerals, to leverage the Kingdom’s $2. We operate 17 mines and sites, have 6,000+ direct employees and export products to over 30 countries. 4 mln 9 M 2023 Contact Information. “Local content is a catalyst for broader economic growth. O ur footprint Our footprint extends over much of the Kingdom, from our headquarters in Riyadh to our mines in the interior, our deep-water port on the Arabian Gulf to the industrial city of Wa’ad Al Shamal in the Northern Borders. sa Apr 18, 2019 · Major Gulf aluminum producers are upgrading or expanding their production to meet both local and international demand for their products. Ma'aden pioneered the mining industry in Saudi Arabia, building a world-class, unique and fully integrated mining value chain. 48 Nov 1, 2023 · Saudi Arabian Mining Co. Ma’aden is the leading mining and metals company in Saudi Arabia, and the tenth largest mining company in the world according to market capitalization. 3 trillion mineral endowment and international opportunities. Ma’aden mine Phosphate Rock and process it into diversified ammonium Phosphate Fertilizers Products. We are embarking on massive growth over the next 18 years across phosphate, aluminum, gold, copper and new minerals – to leverage the Kingdom’s estimated US$ 1. Ma'aden industrial minerals are produced by the Ma’aden Industrial Minerals Company (MIMC), established in 2009 as a wholly-owned subsidiary of Ma’aden. 6 billion 2 days ago · Maaden has previously entered into a share purchase and subscription agreement with Mosaic Co. S. Pillar 2: Leverage KSA resources Increase production capacities in current value chains and continue investment in exploration and mining of Saudi Arabia’s rich mineral endowment, to grow Ma'aden earned a revenue of approximately 8. This has helped Ma’aden become a preferred supplier in many key agricultural markets. Contact Information. O ur vision. These products are used for refractories, environmental, agricultural and construction purposes. Ma'aden's goal is to be globally recognized for being an innovation-led and value-focused business. May 18, 2023 · Ma’aden is shipping over 138,000 tons of blue ammonia products to the world’s largest markets including Korea, China, Japan, India, Thailand and the European Union, establishing a major footprint in global efforts to green industrial value chains. Chairman - Non-Executive. (the "Mosaic Seller") on April 29, 2023, pursuant to which Maaden has agreed to purchase 210. This growth has been underpinned by the high quality of our fertilizer products. A. 1 day ago · Maaden and Alba have become major players in the global aluminum industry in recent years, particularly in value-added products that have historically been dominated by a handful of suppliers. O. , the company said in a statement to Tadawul. said on Wednesday it agreed to form a joint venture with the Kingdom’s sovereign wealth fund to invest in mining assets globally. In the UAE, state-owned Emirates Global Aluminum started production this month from its first $3. Ltd. Excellence in sustainable business. Sign up for SM Pass today. MA'ADEN (Saudi Arabian Mining Co. Jun 14, 2021 · The ammonia plant is the first project in the US$6. As the global population continues to grow, the demand for protein-rich food increases, while arable land per capita declines. Dec 28, 2023 · Saudi Arabian Mining Company (Maaden) said on Thursday it had discovered multiple gold deposits south of its existing Mansourah Massarah gold mine, indicating the potential to expand gold mining aluminum cans, and potentially other products to serve the construction industry. 5 trillion mineral endowment. We have also identified applications for products from Ma’aden operations that offer potential opportunities for investors to develop downstream business using Ma’aden’s output. Feb 1, 2023 · RIYADH: Saudi Arabian Mining Co. BOX 68861 Riyadh 11537; Kingdom of Saudi Arabia; Tel: +966 (0) 11 874 8000; Fax: +966 (0) 11 874 8300; info@maaden. The expanded company would be one of the world’s biggest aluminum producers. — to Aluminium Bahrain B. Mosaic products are processed into crop nutrients and then shipped via rail, barge, and ocean-going vessels to customers in the major agricultural centers of the world. Ma'aden is continuously expanding MAC’s global market footprint. The refinery, smelter and rolling mill will be established within the new industrial zone of Raz as Zawr. Its manufacturing unit and headquarters are located in Jeddah (Saudi Arabia). sa Contact Information. , also known as Ma’aden, awarded an engineering, procurement and construction management contract to Australian consultant Worley and Morocco’s JESA May 22, 2023 · We operate 17 mines and sites, have 6,500+ direct employees and export products to over 30 countries. It was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia's mineral resources. Ma'aden operates 17 mines and sites, has 6,000 direct employees and export products to 30 countries. 94 million shares of Maaden Wa’ad Al Shamal Phosphate Co. May 9, 2024 · Maaden stock (Tadawul: 1211) has gained significant attention from investors due to its strong financial performance, innovative products and services, and strategic partnerships with major global companies. sa May 21, 2024 · Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told Focus on the upstream business by diversifying the product portfolio towards high value products and enhance customer intimacy and value chain positioning. It will be one of the most technically advanced mills in the world. Also known as Ma’aden, the Jul 13, 2021 · A subsidiary of state-run Saudi Arabian Mining Co (Ma'aden) signed a five-year contract on Tuesday to buy calcined petroleum coke from a Saudi company for its aluminium smelter facility in Ras Al Find company research, competitor information, contact details & financial data for MAADEN WAAD AL SHAMAL PHOSPHATE COMPANY of Turaif, Northern Province. The Board of Directors of Aluminium Bahrain B. Ma'aden approach is inspired by the company's commitment to three driving forces in the world of sustainability: The facilities will produce, as finished product, approximately 3 Million tonnes of fertiliser products such as DAP/MAP and NP/NPK, as well as approximately 440 thousand tonnes of downstream products including purified phosphoric acid (PPA) used in food industries, sodium tripolyphosphate (STPP) used in detergent manufacturing, and Dicalcium These are opportunities to build new businesses and create new jobs in KSA based on the outputs of Ma’aden’s production. The natural resources available in Saudi Arabia mean that Ma’aden fertilizer products are some of the purest available on the market, with very low levels of heavy metals. O ur mission. signed an engineering, procurement and construction management (EPCM) contract with WorleyParsons Arabia Ltd. MRC extended its coated end stock customer portfolio by commencing commercial supply to European customers through a relationship with Ball Ireland. It offers mineral resources, gold and base metals, gemstones, fuels, industrial minerals, and other products. Ma’aden’s key minerals, phosphate and aluminum, contributed to SR9. Sustainability is a fundamental factor in the delivery of Ma’aden’s Strategy 2025. While much of Ma’aden’s production brings valuable export revenues to the Kingdom our products also offer the opportunity for investors to create added value to the Kingdom’s manufacturing sector. com. Buy now and pay later. (the "Mosaic Guarantor") and Mosaic Phosphates B. They are part of a diverse range of products that we use in our daily lives from construction to ceramics and paint to plastics. We are embarking on massive growth over the next 18 years across our phosphate, aluminium, gold, copper and new minerals – to leverage the Kingdom’s estimated $1. 7M 3 M 2024 Maaden net profit slumps 83% to SAR 1. 02B in Q2 6 M 2024 Maaden Q1 2024 profit jumps to SAR 981. Its products, aluminium of the highest international standards, is sold to both domestic and global markets and is encouraging the development of additional downstream aluminium-based industries in Saudi Arabia and neighboring countries. , known as Alba After investing significant effort, time and resources in building a world-class, unique and fully integrated mining value chain, we are now focused on marketing our products worldwide, improving the return on our investments and consolidating our resources and experience – even as we continue to develop new locations and build new industrial Jun 13, 2021 · Maaden Story Vision & Mission Ma’aden is committed to empowering farmers by providing high quality products that improve crop quality and yield and supporting Aug 25, 2022 · The agreements seek to double Ma’aden’s exports of phosphate products and ammonia to India starting in 2023, with plans to explore product and technology development collaboration for phosphate fertilizers. Get the latest business insights from Dun & Bradstreet. Maaden was formed by the Royal decree number m/17 date 14/11/1417 (H) to under-take all mining activities and development of mining sector in the kingdom. Jan 11, 2023 · RIYADH: Saudi Arabian Mining Co. Maaden is a mining and metals company. sa Jun 23, 2023 · Ma'aden earned a revenue of approximately 7. In exchange, Alba would issue new shares to be allotted to Ma’aden. Ma’aden Rolling Company (MRC) started production to supply flat rolled products to Nissan for use in its USA Rogue 2022 model. The company is characterized by state-of-the-art equipment and processes for the Jan 10, 2024 · We operate 17 mines and sites, have 6,500+ direct employees and export products to over 30 countries. Ma'aden’s vision is to be a “Sustainable mining champion with global presence”. hlihl keeead ezafm vwyis ucnkw qqy dvjwb mdfacvrbn isgwjp bdxhyrg