Maaden’s Strategy 2040 is designed to drive exponential growth, with the ambitious goal of delivering 10x EBITDA by 2040. By expanding operations, enhancing value, and focusing on innovation, sustainability, and local partnerships, Maaden aims to make a significant socio-economic impact in line with Saudi Arabia’s Vision 2030.
We focus on increasing capacity in current and new minerals through new or expanded mines and processing lines. Key initiatives include our Phosphate 3 mega project which will increase our importance in global phosphate supply, and the achievement of full operational status at Mansourah-Massarah which is significantly increasing our gold production. We are also progressing aluminum growth through expansion of our recycling capacity.
We aim to redirect towards a more profitable and advanced product portfolio. Our focus on high-demand commodities strengthens our market position. We are also advancing our product portfolio by integrating innovative technologies and sustainable practices to enhance profitability and meet global market demands.
We aim to enhance operational efficiency and productivity across our businesses by adopting advanced technologies. Our strategic initiatives are designed to streamline processes, improve resource utilization, and drive sustainable growth, positioning Maaden as a leader in the global mining industry.
We intensify efforts to achieve sustainable operations include planting 1.125 million mangroves and trees between Gurmah Island and the Umm Ar-Rimth Natural Reserve, enhancing sustainable water practices, and ongoing investment in education at our Schools of Excellence and Saudi Mining Polytechnic.
