Ma’aden highlights role of fertilizer industry in addressing global agricultural value chain challenges at IFA Conference in Prague
May 25, 2023
The Saudi Arabian Mining Company (Ma’aden) has concluded its participation in the International Fertilizer Association (IFA) Annual Conference 2023 in Prague, Czech Republic. Held from 22 to 24 May under the theme “Where Food and Energy Markets Meet,” the conference brought together stakeholders from across the global agriculture value chain to address issues and challenges facing the industry, as well as the impact of the fertilizer sector on other global industries.
As the world’s second largest exporter of Phosphate fertilizer, Ma’aden plays an increasingly important role in global food security by providing high-quality fertilizers and building partnerships with stakeholders…
MA’ADEN REPORTS FIRST QUARTER 2023 RESULTS
May 22, 2023
Saudi Arabian Mining Company (“Ma’aden” or the “Company”, 1211 on the Saudi Exchange), the largest multi-commodity mining and metals company in the Middle East, today reported its financial results for the quarter ended 31 March 2023. The Company continues to drive transformation across its business and establish strategic partnerships to deliver long-term growth in line with Ma’aden’s 2040 strategy and to leverage Saudi Arabia’s mineral endowment.
Securing long term growth through strategic partnerships and project delivery:
- • Joint venture with PIF to expand international footprint, diversify Ma’aden’s product mix and securing supply of the kingdom’s…
Ma’aden blue ammonia exports to China and major markets helping to cut carbon emissions globally
May 18, 2023
Saudi Arabian Mining Company (Ma’aden), announces that it has exported its first shipments of low-carbon blue ammonia to China, in a significant milestone for the company’s journey as a green leader, as it helps key markets across the globe to reduce carbon emissions from supply chains.
Ma’aden signed an agreement to supply 25,000 tonnes of blue ammonia to Shenghong Petrochemicals, a leading petrochemical producer in China and globally. Today, Ma’aden’s first shipment to Shenghong Petrochemicals left Ras Al Khair port, where it will play a role in reducing carbon emissions of industrial raw materials.
Ma’aden is the world’s largest exporter…
Ma’aden finalizes groundbreaking agreement with Ivanhoe Electric Inc. to explore major untapped resources in Saudi Arabia
May 15, 2023
Saudi Arabian Mining Company (Ma’aden) announced that it has finalized its agreement with Ivanhoe Electric Inc. (IE) to purchase 9.9% shares in the company and form a 50/50 joint venture to undertake one of the largest exploration programs ever conducted. The deal will provide Ma’aden, through the joint venture, with access to IE’s breakthrough Typhoon™ geophysical survey technology, which will accelerate the exploration of Saudi Arabia’s lands, estimated to hold US$1.3tn of untapped minerals.
Ma’aden’s unprecedented exploration program is driven by the Kingdom’s ambitious Vision 2030, which positions mining as a third pillar of the Saudi economy. Under its new…
Ma’aden presents promising investment opportunities for local companies at the PIF Private Sector Partnership Forum
Mar 15, 2023
The Saudi Arabian Mining Company (Ma’aden) concluded its participation in the first edition of the PIF Private Sector Partnership Forum, organized by the Public Investment Fund, which saw the participation of a number of local businesses across a range of sectors.
Ma’aden showcased several cooperation and partnership opportunities within its various business units including Aluminum; Phosphate Fertilizers; and Base Metals and New Minerals, which have a total annual expenditure rate of more than SAR1.3 billion.
During the forum, Ma’aden participated in workshops and seminars where it highlighted its partnerships with the local private sector in light of Ma’aden’s…