Al Masane al Kobra Mining Co 2024 AR2
The report highlights Al Masane Al Kobra Mining Co.'s (AMAK) operational and financial achievements for the fiscal year 2024. Key milestones include the successful completion of the Al Masane Mine expansion (Moyeath Process Plant Development), which increased zinc concentrate production by up to 80% and copper concentrate production by up to 40%. Financially, the company achieved a 226% increase in net profit to SR 178 million and a 60% revenue growth to SR 781 million. AMAK also expanded its exploration portfolio by securing eight new licenses, bringing its total to twenty, and increased its Saudization rate to a record 36.26%.
Company: Al Masane al Kobra Mining Co
Sector: Mining & quarrying
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 123
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Al Masane al Kobra Mining Co
Annual Report
The report highlights Al Masane Al Kobra Mining Co.'s (AMAK) operational and financial achievements for the fiscal year 2024. Key milestones include the successful completion of the Al Masane Mine expansion (Moyeath Process Plant Development), which increased zinc concentrate production by up to 80% and copper concentrate production by up to 40%. Financially, the company achieved a 226% increase in net profit to SR 178 million and a 60% revenue growth to SR 781 million. AMAK also expanded its exploration portfolio by securing eight new licenses, bringing its total to twenty, and increased its Saudization rate to a record 36.26%.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 23, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees