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The Human Resources Development Fund Signs Memorandum of Cooperation to Localize Mining Sector Professions


May 15, 2024

Ma’aden has signed a cooperation memorandum with the Human Resources Development Fund (HRDF) to bolster human capital development in Saudi Arabia’s mining sector.

Feras Abalkhail, Deputy General Manager of Business at HRDF, and Abdullah Al Osaimi, Senior Vice President for Procurement and Business Support at Ma’aden, signed the agreement. This collaboration aligns with Saudi Vision 2030, supporting Saudi Arabia’s mining sector professions, enhancing national workforce capabilities, and enabling access to promising job opportunities.

The memorandum includes the training and empowerment of suppliers via Ma’aden’s Tharwah Local Content Program, which will provide support solutions to ensure the sustainability of the Kingdom’s mining sector and help to develop the third pillar of the Saudi economy.

The memorandum also recognizes the vital importance of the mining sector in the Kingdom and internationally, with Ma'aden being a key player as the largest multi-commodity mining and metals company in the Middle East, producing phosphate fertilizers, aluminum and gold for global markets.

A joint working group of specialists will be formed to activate cooperation areas and prepare periodic progress reports.