Company type | Public (mostly state-owned) |
---|---|
Tadawul: 1211 | |
ISIN | SA123GA0ITH7 |
Industry | Exploration of mining sites, Gold, world-class phosphate, aluminium, industrial minerals and copper concentrate operations. |
Founded | March 23, 1997 |
Headquarters | Riyadh, Saudi Arabia |
Key people | Chairman: H.E. Yasir Bin Othman Al-Rumayyan President, CEO: Robert Wilt (Bob) |
Products | Gold, Silver, Phosphate, Aluminum, Base metals |
Revenue | 26,769 billion SAR (2021)[1] |
Total assets | 97,657,597,000 Saudi riyal (2019) |
Owner | Public Investment Fund |
Number of employees | +8000 (2021) |
Website | www.maaden.com.sa |
MA'ADEN (Saudi Arabian Mining Co.) is a Saudi state-owned mining company headquartered in Riyadh. 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 (Stock Market). It is the largest mining company in Saudi Arabia.