If you'd like to get contact with us, please send an email to info@maaden.com.sa or you can contact one of our offices below:

SAUDI ARABIAN MINING COMPANY

Head Office - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8000
Fax: +966 (0) 11 874 8300
info@maaden.com.sa
Procurement - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8096
Fax: +966 (0) 11 874 84444
srm@maaden.com.sa
Public & Media Affairs - Riyadh
P.O. Box 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8409
Fax: +966 (0) 11 874 8057
media@maaden.com.sa
Jeddah
P.O. Box 13784 Jeddah 21414
Kingdom of Saudi Arabia
Tel: +966 (0) 12 229 2600
Fax: +966 (0) 12 229 2651
Al Khobar
P.O. Box 32001 Al Khobar 31952
Kingdom of Saudi Arabia
Tel: +966 (0) 13 811 1970
Fax: +966 (0) 13 811 1964
Jubail
P.O. BOX 11110 Jubail 31961
Kingdom of Saudi Arabia
Tel: +966 (0) 13 347 3333
Fax: +966 (0) 13 347 5682
Investor Relation - Riyadh
P.O BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8123
Fax: +966 (0) 11 874 8132
invest@maaden.com.sa

STRATEGIC BUSINESS UNITS - SBU

Aluminium - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Fax: +966 (0) 11 874 8187
aluminiumsales@maaden.com.sa
Phosphate - Riyadh
P.O. BOX 68861 Riyadh 11537
Kingdom of Saudi Arabia
Tel: +966 (0) 11 874 8329
mktg-online@maaden.com.sa
Gold - Jeddah
P.O BOX 13784 Riyadh 21414
Kingdom of Saudi Arabia
Tel: +966 (0) 12 229 2600
Fax: +966 (0) 12 229 2651
About Image

Ma’aden implements change in senior leadership amid efficiency initiatives

Mar 16, 2016

Ma’aden announced changes in its executive structure designed to streamline business functions, revitalize the organization and better prepare the company to meet its changing needs and challenges. Key personnel changes include Khalid Al-Rowais as VP of Phosphate SBU, Khalil Al Watban as VP of Strategy & Development, and Darren Davis as the CFO.

Engineer Khalid Al-Mudaifer Ma’aden CEO highlighted Ma’aden’s focus during 2015 on operational excellence by upgrading processes and capabilities to enhance its productivity and cost position. These initiatives led the company to an overall reduction in production costs and improvement in competitiveness in the face of low global prices of commodities, this while delivering record production levels in aluminium, phosphate and gold.

He added that the Company also introduced a consolidated service concept across its corporate and business unit functions of Human Resources, IT, Procurement, Administration and other areas. The sharing of these core services will lead to improved efficiency and performance, cost reduction and a leaner organization.

Beyond operational excellence, Ma’aden has also focused on capital discipline to ensure the efficient management of debt and improved cash generation and utilization across the Group. During 2015, Ma’aden’s procurement department revisited all current contracts with suppliers and contractors to rationalise costs and improve payment terms.

“Our aim is to protect and enhance shareholder value as we deliver an efficient, profitable and world-class minerals enterprise that can thrive through all parts of the cycle,” said Al-Mudaifer, “We will continue to focus on cost management and on maximizing cash generation through productivity improvements, optimizing working capital and a disciplined approach to capital expenditures.”

For further information please contact:

Mr. Bander M. Al-Aida
Section Head, Media Relations

E: media@maaden.com.sa

MEDIA CONTACTS

Mr. Bander M. Al-Aida

Section Head, Media Relations

media@maaden.com.sa

Annual Report 2014

Annual Report
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