Operational
Excellence

2021 saw the successful

operational excellence

standardization and rollout

program across Ma’aden.

steakholder

We are adopting and implementing industry best practice methodologies including a roll out of "Lean Management" and "Six Sigma" principles to drive business efficiency.

This will support Ma’aden’s growth ambition and maximize value through innovation in safety, ESG, resources and products. Ma’aden TRI mission is to enable the 2040 strategy through balanced portfolio between emerging and mature technologies.

In addition, our employee driven "Cost Optimization Program" aimed at increasing revenues and efficient working capital management through sharing and implementing innovative business practices, has significantly reduced both capital and operational expenditure.

In 2021, Ma’aden employees contributed 2,026 suggestions through our suggestion system. Of these, 251 were implemented,with the largest proportion relating to new ways to improve the Environment Health & Safety.

2021 Implemented

Suggestions

Environment Health & Safety

Process Improvement

Quality Improvement

Operation Improvement

35%

16%

21%

28%

Implemented S4

251

Total Suggestions per
Stages - 2021

239

469

645

251

422

2,026

New

Under Evaluation

Under Implementation

Implemented

Rejected

Total