MA'ADEN (Saudi Arabian Mining Co.) is a Saudi state-owned mining company headquartered in

Riyadh Riyadh (, ar, الرياض, 'ar-Riyāḍ, lit.: 'The Gardens' Najdi pronunciation: ), formerly known as Hajr al-Yamamah, is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of th ...

. It was formed as a Saudi joint stock company on 23 March 1997 for the purpose of facilitating the development of Saudi Arabia's mineral resources. The Saudi government still owns 50% of its shares while the remaining 50% are listed in

Tadawul Saudi Stock Exchange () or Tadāwul () is a stock exchange in Saudi Arabia. Tadāwul was formed in 2007 as a joint stock company and the sole entity authorized to act as a securities exchange in Saudi Arabia, but trading began in 1954 as an inf ...

(Stock Market). It is the largest mining company in

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

Corporate and subsidiaries

On 20 December 2009, Ma'aden signed an agreement with US aluminium giant Alcoa to build a $10.8 billion aluminium complex. Under the agreement, the two firms will build a 1.8 million tonnes per year aluminium refinery and a 750,000 tonnes per year smelter in Ras Al-Zour. The smelter is slated to start production in 2013 while the refinery would come online in 2014. The company was primarily focused on developing the Kingdom's gold mining operations. Ras Al-Khair's complex includes a

diammonium phosphate Diammonium phosphate (DAP; IUPAC name diammonium hydrogen phosphate; chemical formula (NH4)2(HPO4) is one of a series of water-soluble ammonium phosphate salts that can be produced when ammonia reacts with phosphoric acid. Solid diammonium phosp ...

plant, an alumina refinery, smelter and rolling mill associated with the Alco joint venture, and links by rail to the phosphate mine in Waad Al-Shamal. Ma'aden Corporate (HQ): Based in

. *Ma'aden Gold Company: based in Jeddah, Gold and base metals. *Ma'aden Phosphate Company: based in

Ras Al-Khair Ras Al-Khair (Also called Ras Az-Zour, Ras Azzour) is a town and port currently under development in the Eastern Province of Saudi Arabia. It is on the eastern coast, 60 km (37 mi) north of Jubail. It is also known under its project name of "M ...

, phosphate industry, with joint venture partner

SABIC Saudi Basic Industries Corporation ( ar, الشركة السعودية للصناعات الأساسية), known as SABIC ( ar, سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in ...

. *Ma'aden Aluminum Company: based in

, aluminum industry, with joint venture partner Alcoa. **Ma'aden Rolling Company **Ma'aden Smelter Company **Ma'aden Mining and Refinery Company *Ma'aden Infrastructures Company: based in

, Housing. *Ma'aden Industrial Minerals Company: Based in Jeddah. *Magnesite Projects: Based in

Medina Medina,, ', "the radiant city"; or , ', (), "the city" officially Al Madinah Al Munawwarah (, , Turkish: Medine-i Münevvere) and also commonly simplified as Madīnah or Madinah (, ), is the second-holiest city in Islam, and the capital of the ...

*Zinc and Copper Projects

Ma'aden projects

Ma'aden's projects are currently developing or operating at the following sites in Saudi Arabia:Ma'aden – Saudi Arabian Mining Company
Al Jalamid - The Phosphate Project Ras AZ-Zour (Ras Al Khair) - The Phosphate and Aluminium Projects Az Zabirah - The Aluminium and Industrial Minerals Projects Zarghat - Industrial Minerals Project Mahd ad Dahab - Gold and Base Metals Sukhaybarat - Gold and Base Metals Bulghah - Gold and Base Metals Al Hajar - Gold and Base Metals As Suoq - Gold and Base Metals Ad Duwayhi - Gold and Base Metals Al Amar - Gold and Base Metals

References

External links

Maaden Official Website
{{Portal, Saudi Arabia 1997 establishments in Saudi Arabia Companies established in 1997 Mining companies of Saudi Arabia Government-owned companies of Saudi Arabia Companies based in Riyadh