PIF AND MA’ADEN SIGN AN AGREEMENT TO ESTABLISH A COMPANY TO INVEST IN MINING ASSETS GLOBALLY
Jan 11, 2023
• Ma’aden will own 51% and PIF will own 49% of the company
• The company will initially invest in iron ore, copper, nickel, and lithium, as a non-operating partner taking minority equity positions in mining assets globally
• The agreement is in line with PIF's mission to build strategic economic partnerships and Ma’aden’s 2040 Strategy to strengthen and diversify its upstream mining capabilities and assets
The Public Investment Fund (PIF) and the Saudi Arabian Mining Company (Ma’aden), one of the world's fastest-growing mining companies, today announced during the opening of the Future Minerals Forum the signing of…
Ma'aden focused on its vision to become a top 10 global producer of Aluminum
Dec 01, 2022
Saudi Arabian Mining Company (Ma’aden), one of the fastest-growing mining companies in the world and the largest multi-commodity mining and metals company in the Middle East, has concluded its participation in Arabal 2022, which took place from 29 November – 1 December in Cairo, Egypt uniting aluminum experts and industry leaders from across the MENA region.
The event brought together leaders in the aluminum industry to discuss the actions required for more sustainable aluminum productions, as well as the future of the industry.
Ma’aden’s participation reinforced its vision to become a top 10 global producer of aluminum at…
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