Saudi Arabia Mining Industry Investment Opportunities

The Saudi Arabian Mining Company (Ma’aden) concluded its participation in the first edition of the PIF Private Sector Partnership Forum, organized by the Public Investment Fund, which saw the participation of a number of local businesses across a range of sectors.

Ma’aden showcased several cooperation and partnership opportunities within its various business units including Aluminum; Phosphate Fertilizers; and Base Metals and New Minerals, which have a total annual expenditure rate of more than SAR1.3 billion. ($346 mn).

There are two types of opportunities for each:
1.    Supply chain opportunities, to provide Ma’aden with goods and services.
2.    Downstream opportunities, to develop local businesses based on Ma’aden outputs.

During the forum, Ma’aden highlighted its partnerships with the local private sector in light of Ma’aden’s strategy which aims to increase the contribution of local actors to its projects’ supply chains, in support of the Kingdom’s Vision 2030 objectives.

Commercial opportunities exist for U.S. companies in the mining industry in Saudi Arabia. If you are interested to learn more about the sector, please reach out to Commercial Specialist Khalid Darazi at Khalid.Darazi@trade.gov