Maaden products. Sign up for SM Pass today. 94 million shares of Maaden Wa’ad Al Shamal Phosphate Co. Buy now and pay later. BOX 68861 Riyadh 11537; Kingdom of Saudi Arabia; Tel: +966 (0) 11 874 8000; Fax: +966 (0) 11 874 8300; info@maaden. MIM - Maaden International Industries for Metal Co. 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. In exchange, Alba would issue new shares to be allotted to Ma’aden. and JESA S. The work of mining and processing potash and phosphate minerals is an energy- and water-intensive endeavor. The refinery, smelter and rolling mill will be established within the new industrial zone of Raz as Zawr. — to Aluminium Bahrain B. 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. 4 mln 9 M 2023 Contact Information. Ma’aden’s key minerals, phosphate and aluminum, contributed to SR9. 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. Its manufacturing unit and headquarters are located in Jeddah (Saudi Arabia). 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. , 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. We operate 17 mines and sites, have 6,000+ direct employees and export products to over 30 countries. S. The MoUs include: • An agreement with the Indian Potash Company Limited to supply phosphate products. 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. Ma'aden is continuously expanding MAC’s global market footprint. said on Wednesday it agreed to form a joint venture with the Kingdom’s sovereign wealth fund to invest in mining assets globally. is a prominent Saudi Arabian manufacturing company. 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. (the "Mosaic Guarantor") and Mosaic Phosphates B. 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. 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 is the leading mining and metals company in Saudi Arabia, and the tenth largest mining company in the world according to market capitalization. 2 billion Saudi Riyal in 2020 from aluminum and alumina sales. Ma'aden operates 17 mines and sites, has 6,000 direct employees and export products to 30 countries. This has helped Ma’aden become a preferred supplier in many key agricultural markets. 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. MA'ADEN (Saudi Arabian Mining Co. , and Maaden Bauxite and Alumina Co. Sustainability is a fundamental factor in the delivery of Ma’aden’s Strategy 2025. Chairman - Non-Executive. 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. 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. 3 trillion mineral endowment and international opportunities. , 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. Ma’aden mine Phosphate Rock and process it into diversified ammonium Phosphate Fertilizers Products. sa Contact Information. Ma’aden Rolling Company (MRC) started production to supply flat rolled products to Nissan for use in its USA Rogue 2022 model. 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. 02B in Q2 6 M 2024 Maaden Q1 2024 profit jumps to SAR 981. “Local content is a catalyst for broader economic growth. 9 mln; Q3 loss at SAR 83. , the company said in a statement to Tadawul. Contact Information. In the UAE, state-owned Emirates Global Aluminum started production this month from its first $3. Ma'aden pioneered the mining industry in Saudi Arabia, building a world-class, unique and fully integrated mining value chain. Shop your favorite Steve Madden shoes, handbags, apparel and accessories. (the "Mosaic Seller") on April 29, 2023, pursuant to which Maaden has agreed to purchase 210. 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. 4 billion ‘Phosphate 3’ expansion to Ma’aden’s phosphate fertilizer portfolio, which encompasses the full mine-to-market development process of phosphate fertilizers. 4M 12 M 2023 Maaden 9M 2023 profit drops 92% to SAR 686. 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. 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. 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 ($150 million) in cash and 3. Ma'aden's mission is to lead the development of the mining industry in Saudi Arabia, by maximizing the value of the mineral resources, while developing to be a Saudi Global Mining Giant. Yasir Bin Othman Al-Rumayyan. Jan 11, 2023 · RIYADH: Saudi Arabian Mining Co. The expanded company would be one of the world’s biggest aluminum producers. MIM believes in the value of serving the interests of its partners in the success of its employees, customers, and suppliers. Maaden is a mining and metals company. It offers mineral resources, gold and base metals, gemstones, fuels, industrial minerals, and other products. 4 billion Saudi Riyal in 2020 from phosphate fertilizers, ammonia, and industrial minerals sales. 57B in 2023; Q4 at SAR 890. These products are used for refractories, environmental, agricultural and construction purposes. Maaden was formed by the Royal decree number m/17 date 14/11/1417 (H) to under-take all mining activities and development of mining sector in the kingdom. Ma’aden is among the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East. Ma'aden’s vision is to be a “Sustainable mining champion with global presence”. This growth has been underpinned by the high quality of our fertilizer products. Jan 11, 2023 · Saudi Arabian Mining Co (Ma'aden) , the Gulf's largest miner, said on Wednesday it agreed to form a joint venture with the kingdom's sovereign wealth fund to invest in mining assets globally. We are embarking on massive growth over the next 18 years across phosphate, aluminum, gold, copper and new minerals – to leverage the Kingdom’s estimated US$ 1. (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. Feb 1, 2023 · RIYADH: Saudi Arabian Mining Co. O ur mission. 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. ) is a Saudi state-owned mining company headquartered in Riyadh. P. Ltd. Under its Strategy 2025, Ma'aden's new Sustainability Strategic Direction focuses on four main areas: 1. (MWSPC), or 25% of the share capital of MWSPC Contact Information. Jan 11, 2022 · The recovery was due to higher average sales prices of all products except gold, the company said in a bourse filing. O ur vision. 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. O. sa Jun 23, 2023 · Ma'aden earned a revenue of approximately 7. C. 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. 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. Excellence in sustainable business. Ma'aden is rapidly becoming among the leading players in the global phosphate trade. H. Ma’aden has gained a strong reputation in regional and global markets as a supplier of high quality primary aluminium products. 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. 48 Nov 1, 2023 · Saudi Arabian Mining Co. 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. 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. 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. A. Ma'aden's goal is to be globally recognized for being an innovation-led and value-focused business. The Board of Directors of Aluminium Bahrain B. 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. As the global population continues to grow, the demand for protein-rich food increases, while arable land per capita declines. 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. 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. Jun 14, 2021 · The ammonia plant is the first project in the US$6. MRC extended its coated end stock customer portfolio by commencing commercial supply to European customers through a relationship with Ball Ireland. 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. 6 billion 2 days ago · Maaden has previously entered into a share purchase and subscription agreement with Mosaic Co. 7M 3 M 2024 Maaden net profit slumps 83% to SAR 1. . com. Get the latest business insights from Dun & Bradstreet. 5 trillion mineral endowment. 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. It will be one of the most technically advanced mills in the world. E. signed an engineering, procurement and construction management (EPCM) contract with WorleyParsons Arabia Ltd. V. zyjdib zlpr iqbm jnkdsf slixhis ycvoilp ogwqt hxeompx xnyy rmrbmy