Ma’aden, as the Kingdom’s exploration and mining champion, continued to deliver in 2020 on its long term commitment as the largest investor in mineral exploration in Saudi Arabia.
Since Ma’aden was formed in 1997, our exploration programmes have delivered major Mineral Resource growth in the Kingdom in gold, copper, phosphate, metallurgical bauxite, magnesite and kaolin. These resources are the foundation of Ma’aden’s business, and the Saudi mining sector. Ma’aden’s exploration success is highlighted by our ranking as the 18th largest mining company in the world by market capitalization in PwC’s ‘Mining 2020’ report.
