Maaden

Company Snapshot

Founded: 1997
Entity Type: Public
Employees: 6,800
Region: Saudi Arabia
Revenue: $8,679.0 Millions
Revenue Year: 2024
Headquarter: Riyadh, Saudi Arabia
Key Geographics: North America, Europe, Asia-Pacific, Middle East and Africa
Corporate Address: P.O. BOX 68861, Riyadh 11537 Kingdom of Saudi Arabia Tel. +966-(0)-11-874-8000 www.maaden.com

Company Overview

Ma’aden is a mining and metals company that possesses a varied range of mineral assets at different phases of development, such as exploration, development, and production. It operates 17 mines and sites and exports products to more than 30 countries. Ma’aden specializes in various commodities, including industrial minerals, phosphate, zinc, gold, and aluminum. The organization consistently evaluates prospects to venture into novel commodities with robust long-term principles and growth prospects. National Center for Vegetation Cover and Combating Desertification and Ma’aden signed an MOU as part of its participation in the Saudi Green Initiative to boost its biodiversity goals.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Maaden In Reports

Green Mining: Global Market

BCC Research Market Analyst says global market for green mining is estimated to increase from $11.4 billion in 2023 to reach $16.9 billion by 2029, at a CAGR of 7.4%.

Sulfuric Acid: Global Markets

BCC Research Market Report for sulfuric acid market should reach $17.5 billion by 2027 from $15.1 billion in 2022 at a compound annual growth rate (CAGR) of 3.0%

Company's Business Segments

  • Phosphate : This segment consists of operation related to phosphate fertilizers and ammonia, industrial minerals, marketing and distribution.
  • Aluminium : This segment includes primary aluminium, flat rolled products, caustic soda and EDC, aluminium division under corporate.
  • Base Metals and New Minerals : This segment includes operations related to gold, copper, exploration activities, and all other segments.
  • All Other Segments : It includes corporate management functions and support functions, cooperative insurance, and infrastructure.

Applications/End User Industries

  • Agriculture
  • Automotive
  • Aerospace
  • Renewable Energy
  • Construction
  • Electronics
  • Infrastructure
  • Packaging
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