2021 saw the successful
operational excellence
standardization and rollout
program across Ma’aden.
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.
Environment Health & Safety
Process Improvement
Quality Improvement
Operation Improvement
Implemented S4
239
469
645
251
422
2,026
New
Under Evaluation
Under Implementation
Implemented
Rejected
Total