Saudi Arabian Mining Co - Company Profile
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Saudi Arabian Mining Co (Ma’aden) is a mineral resource company. It has a portfolio of mineral assets at various developmental stages including exploration, development and production. Ma’aden’s principal activities focus on gold and base metals, phosphate, aluminum, industrial minerals, ethylene dichloride and caustic soda, and infrastructure. The company’s gold mines include Mahd Ad Dhahab, As Suq, Bulghah & Sukhaybarat, Al-Amar, Ad Duwayhi, and Mansourah-Massarah. The company has partnership agreements with Alcoa Corporation, The Mosaic Company, Barrick Gold Corporation, SABIC and Sahara Petrochemical Company. The company markets its products in Asia, North America, Oceania, Europe, the Middle East, Africa and South America. Ma’aden is headquartered in Riyadh, Saudi Arabia.
Headquarters
Saudi Arabia
Address
Exit 6 Abu Bakr Street, P.O. Box 68861, Riyadh, 11537
Website
www.maaden.com.sa
Telephone
966 1 18748000
No of Employees
4,366
Industry
Metals and Mining
Ticker Symbol & Exchange
1211 (SAU)
Revenue (2022)
$7.8B
-27.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-83.1%
(2022 vs 2021)
Market Cap*
$51.7B
Net Profit Margin (2022)
XYZ
-76.7%
(2022 vs 2021)
* As of and is in US$
Saudi Arabian Mining Co premium industry data and analytics
Products and Services
| Products |
|---|
| Products |
| Gold |
| Phosphate |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In January, the company and GlassPoint announced plans to develop a Technology Showcase for its solar steam technology. |
| 2024 | Contracts/Agreements | In January, the company entered into an agreement with thyssenkrupp Uhde and Metso for the development and licensing of a phosphogypsum processing solution for the calcination plant located in Ras Al Khair, Saudi Arabia. |
| 2023 | Contracts/Agreements | In November, the company and Ivanhoe Electric established a Joint Venture to unlock the significant mineral potential in the Kingdom of Saudi Arabia. |
Competitor Comparison
| Key Parameters | Saudi Arabian Mining Co | Rio Tinto | BHP Group Ltd | Aluminium Bahrain BSC | Mineral Resources Ltd |
|---|---|---|---|---|---|
| Headquarters | Saudi Arabia | United Kingdom | Australia | Bahrain | Australia |
| City | Riyadh | London | Melbourne | Manama | Perth |
| State/Province | Riyadh | England | Victoria | - | Western Australia |
| No. of Employees | 4,366 | 57,000 | 40,981 | 218 | 5,687 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Robert Wilt | Director; Chief Executive Officer | Executive Board | 2022 | - |
| Abdulaziz AlJarbou | Deputy Chairman | Executive Board | - | - |
| Louis Irvine | Executive Vice President - Finance; Chief Financial Officer | Senior Management | 2022 | - |
| Raminder Singh | Chief Legal Officer | Senior Management | 2022 | - |
| Abdulaziz Asker Al-Harbi | Deputy Chief Executive Officer | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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