MA’ADEN sign a collaborative R&D innovation agreement with King Saud University
Jun 12, 2022
Saudi Arabian Mining Company (Ma’aden), Saudi Arabia’s national mining champion, has signed an agreement with King Saud University to further its efforts related to the research and development of mining technology. It was signed between H.E. Dr. Badran Al-Omran, president of King Saud University and Robert Wilt, CEO of Ma’aden, with presence of representatives from both sides
H.E. Dr. Badran Al-Omran, President of King Saud University, commented the five-years agreement with Ma’aden, aims to promote collaboration on scientific and technical research and establish a joint research program to develop technology solutions. He added that the agreement will harness research and…
Saudi Arabia's leading mining company signs an MOU to facilitate the study to develop the first solar steam project in the kingdom to decarbonize MA’ADEN’s alumina refinery
Jun 02, 2022
Saudi Arabian Mining Company (MA’ADEN), Saudi Arabia’s national mining champion and one of the fastest-growing mining companies in the world, and GlassPoint, the leader in industrial solar steam, have entered into a Memorandum of Understanding to develop the world’s largest solar process heat plant at MA’ADEN’s Alumina refinery. When complete, the 1,500 MW solar steam facility will help MA’ADEN achieve sustainability goals by reducing carbon emissions by over 600,000 tons annually. This represents more than 50% reduction of carbon footprint in MA’ADEN’s Alumina refinery and 4% of MA’ADEN’s overall carbon footprint.
The MOU was signed at MA’ADEN HQ in Riyadh,…
MA’ADEN: Planting additional 20 million trees by 2040 contributing to Saudi Green Initiative
May 30, 2022
The Saudi Arabian Mining Company "MA’ADEN" announced that it has signed a Memorandum of Understanding (MoU) with the National Center for Vegetation Development and Combatting Desertification to strengthen joint cooperation to plant trees and develop the Kingdom's natural vegetation.
The ceremony was on the sidelines of the International Exhibition and Forum On Afforestation Technologies held in Riyadh 29-31 May 2022, witnessed by His Excellency the Minister of Environment, Water and Agriculture, Eng. Abdul Rahman bin Abdul Mohsen Al-Fadley, Robert Wilt, MA’ADEN CEO, where it was signed by Khalid Al-Abdulqadir, CEO of the National Center for Vegetation Development and Hamad AlRashidi,…
Ma’aden enters Forbes 2000 list of World’s Largest public companies
May 24, 2022
Forbes Global 2000 has included Saudi Arabian Mining Company (Ma’aden) in the World’s Largest Public Companies List based on its asset value, market value, net income and revenues. The list included 40 Arab companies 16 of which were Saudi.
Ma'aden stated that this achievement was made possible by the company's unwavering commitment to production rates and customer service, and that Ma'aden commodities are available in over 21 countries worldwide, contributing positively to financial performance.
Ma'aden's brand market value has lately increased by 69 percent to over SR1.8 billion, making it the largest multi-commodity mining company's brand in the Middle…