Maaden Secures $15,000 in Funding to Drive Innovation and Growth in Mining and Metals Industry

Ma’aden, the foremost mining and metals company in Saudi Arabia and recognized as the tenth largest mining entity globally by market capitalization, has announced a significant funding milestone of $15,000. This capital infusion aligns with Ma’aden's ongoing strategy to bolster its operations and expand its innovative, fully integrated value chains across a rich portfolio of mineral assets, including gold, phosphate, bauxite, and copper. With historic partnerships with industry giants like Alcoa, Mosaic, and Barrick, Ma’aden is at the forefront of transforming the mining landscape in Saudi Arabia, promoting sustainable development and economic diversification as part of the Kingdom's Vision 2030 initiative. The funding will be directed towards the development of large-scale, cost-competitive mineral projects that are not only designed to deliver high-quality products to the global market but also to generate jobs and foster community prosperity. Since its IPO in 2008, Ma’aden has already invested over $32 billion in creating long-life assets that support its mission to become a pillar of industrialization in Saudi Arabia, standing alongside oil and petrochemicals. Furthermore, with a diverse and multicultural workforce of over 7,000 employees, Ma’aden is dedicated to offering career advancement opportunities and a competitive benefits program, ensuring that it remains a desirable workplace in the sector. This latest funding underscores Ma’aden's commitment to exemplifying best practices across every aspect of operations and solidifying its position as a world-class minerals enterprise while actively contributing to the Kingdom's broader economic vision.