May 01, 2014
Saudi Arabian Mining Company (Ma’aden) presented the great progress made in the development of the Saudi Arabia mining industry during its participation in the 13th Arab International Minerals Resources Conference in Marrakech, Morocco from 28th to 30th of April 2014.
The Kingdom’s head of delegation to the conference, Saudi Arabia’s Oil Minister H.E. Eng. Al Al-Naimi, visited the company exhibition booth along with the Ministry’s Deputy for Mineral Resources, Eng. Sultan Shawli. The exhibition was also visited by H.E. Mr. Abdulqader Amarah, the Moroccan Minister of Energy, Mining, Water and Environment, as well as number of Arab Ministers.
Ma’aden presented the progress already achieved in the Kingdom as it develops a world class mining industry. The company outlined its current mega projects, its future plans, and the downstream investment opportunities provided by its projects across the Kingdom.
This year’s conference theme was: “Mining investment: Sustainable Development and Income Diversification” which is in line with Ma’aden’s strategy to effectively develop Saudi mineral resources, drive economic diversification, and create high value jobs in remote areas where Ma’aden operates. In the past few years, Ma’aden has developed aluminium and phosphate into brand new export industries in Saudi Arabia. Ma’aden is a true partner in the national aspiration of sustained development across all regions of the Kingdom.
The conference was organized by Arab Industrial Development and Mining Organization with in order to promote mining projects and enable regulations for Arab and international investment in that sector. In addition, the conference reviewed ore values in light of global demand trends. The accompanying exhibition included upstream companies involved in extraction of zinc, silver, gold, phosphate and bauxite, as well as downstream companies providing building material and phosphate fertilizers.