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Trends & Analysis
News

Broadcom stock tanks 13% despite record Q2

News

Gold prices rise on easing Middle East tensions

News

Japan’s Nikkei 225 hits record high

News

HPE stock jumps 28% on Q2 beat, boom in AI business

News

Oil spikes over 1% as Israel intensifies attacks

News

Gold surges amid US-Iran deal prospects

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Saudi Arabian Mining Company (1211) – Introduction and background

Saudi Arabian Mining Company (known also as Ma’aden) is the leading mining and metals company in Saudi Arabia.

Established in 1997, Ma’aden operates mining and processing concerns, and is the largest metals and mining company in Saudi Arabia. Ma’aden is divided into different segments including gold, phosphate, aluminium, and base metals. The different subdivisions operate independently, with the gold subsidiary headquartered in Riyadh, industrial metals in Jeddah, and the phosphates division in Ras Al-Khair. Ma’aden also extracts and processes aluminium in a joint venture with US metals company Alcoa.

Saudi Arabian Mining Company is publicly traded on Tadawul under the ticker 1211.

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