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…
"Ma'aden" promotes its EHSS vision and experience
May 19, 2022
Saudi Arabian Mining Company "Ma'aden" participated in the Global Health, Safety, and Environment Conference 2022, held between 16-19 May at the Oman Convention and Exhibition Center as a Strategic Sponsor.
Ma'aden" said its executives and leaders highlighted the company's Health, Safety and Environment (HSE) strategy and solutions during the conference's sessions and workshops.
Abdulaziz Al Harbi, Deputy CEO, delivered the keynote speech on the first day, addressing the transformation of safety and leadership excellence along with sustainability, and keeping pushing the boundaries of excellence.
"Ma'aden" noted that its participation in the conference aims to highlight the company's efforts and vision…
Ma’aden CEO outlines growth strategy at Mining Indaba 2022 in South Africa
May 10, 2022
The Saudi Arabian Mining Company "MA’ADEN" showcased its ambitious growth strategy during the “Mining Indaba 2022” conference held in South Africa
Robert Wilt, CEO of MA’ADEN, gave a keynote presentation at the conference, outlining the company’s strategic growth plans, highlighting the wide-ranging opportunities for partnerships and the vast potential of the Saudi mining ecosystem.
Wilt highlighted the significant progress MA’ADEN has made in achieving its ambitious growth targets, strengthening its position as a Saudi mining champion with a global presence, while contributing to Saudi Vision 2030.
Wilt said: “Our focus is to increase our production capacity across the value…