Sep 25, 2012
Riyadh, September 26, 2012
Ma’aden President and CEO Eng. Khalid S. Al Mudaifer presented the company’s strategies for growth during a seminar on Saudi Mining hosted by the United States – Saudi Arabia Business Council (USSABC) during the MINExpo® 2012 conference and exhibition held in Las Vegas Nevada.
Eng. Al Mudaifer was joined by fellow presenters, including James B Smith, U.S. Ambassador to Saudi Arabia and Amer Kayani, Minister Counselor for Commercial Affairs at the U.S. Embassy in Riyadh.
The seminar outlined new developments in the mining sector in Saudi Arabia and highlighted the numerous opportunities for U.S. based companies to participate as partners, suppliers and service providers in the Kingdom’s growing mining industry.
Eng. Al Mudaifer said, “This is an excellent opportunity for Ma’aden to tell potential new partners about our journey in building a world class minerals company. We are developing multi-billion dollar projects across the Kingdom and need other leading global companies to help us deliver the best value for our shareholders and the Kingdom.”
The seminar was attended by numerous representatives of U.S. companies seeking to do business in Saudi Arabia, as well as interested media representatives and conference delegates.
About Ma’aden
Ma’aden is a leading mining and metals company in the Kingdom of Saudi Arabia, with a diverse portfolio of mineral assets at various stages of development including exploration, development and production. Ma’aden has a broad commodity focus spanning gold, phosphate, aluminium, magnesia, low-grade bauxite, industrial minerals, and is continually assessing opportunities to enter into new commodities that demonstrate strong long-term fundamentals and opportunities for growth. Ma’aden’s objective is to become a world class diversified mining and minerals company, and to enhance overall value for its shareholders. Our mission is to be a profitable, publicly owned, international mining company, while maintaining the utmost concern for human resources, health, safety, environmental and social issues. For more information please visit www.maaden.com.sa.
About the USAABC
The U.S.-Saudi Arabian Business Council (USSABC) was established in December 1993 to improve the mutual knowledge and understanding between the private sectors of the U.S and Saudi Arabia and to promote and facilitate increased trade and investment between the two countries. The USSABC has built a membership base of approximately 400 leading companies in the U.S. and Saudi Arabia and serves as the central source of information and assistance for companies that want to pursue specific business activities in Saudi Arabia. The USSABC organizes conferences and seminars in both countries to promote dialogue between the two private sectors, as well as trade and investment missions that provide networking opportunities for U.S. and Saudi companies. For more information on the Business Council, please visit www.us-sabc.org.