Integrated energy and chemicals company Aramco and Ma’aden, a multi-commodity mining and metals company, have signed non-binding heads of terms outlining the potential formation of a minerals ...

Chief Executive Bob Wilt attributed the results to "record production" and the company's second-highest full-year revenue ...

Ma’aden aims to achieve carbon neutrality across the organization by 2050. In 2022, Ma’aden reduced its energy-indirect emissions by 14%. In June 2022, it signed an MoU with GlassPoint to develop a ...

Subscribe to our Projects' PULSE newsletter that brings you trustworthy news, updates and insights on project activities, developments, and partnerships across sectors in the Middle East and Africa.

Saudi Arabia's Ma'aden reported a sharp jump in profits, driven by record production across the business units. The miner reported its second-highest full-year revenue on record at at US$32.55 ...

The discovery supports Saudi Arabia's Vision 2030 strategy, which focuses on reducing the nation's heavy reliance on oil by ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

International markets have already responded favorably to Saudi Arabia’s mining growth, as Ma’aden recently raised $1.25 billion to fund its expansion, half of which came from American ...

As Saudi Arabia’s economy grows under Vision 2030 ... A Proven Track Record with Saudi’s Leading Organizations Ma’aden (Saudi Arabian Mining Company), and other top enterprises These ...

Ma’aden is the largest mining company in the Middle East. It is 67.2% owned by Saudi’s Public Investment Fund. In January 2023, the company signed two joint venture agreements with Barrick Gold ...

Ma’aden, which operates in gold, aluminum and phosphates, is a key pillar in Saudi Arabia’s plan to diversify its economy away from hydrocarbons and is looking to expand mining capabilities in ...