Saudi Arabian Mining Co (Maaden) 2021 AR2
The report highlights Ma'aden's record financial and operational performance in 2021, achieving record net profits of SAR 5.2 billion driven by strong global demand and commodity prices. The company finalized its corporate ESG strategy, aligning with Saudi Arabia's net-zero ambitions and obtaining the Aluminum Stewardship Initiative certification. Operationally, Ma'aden completed construction of its third ammonia plant in Ras Al Khair and advanced the Mansourah-Massarah gold project. Additionally, the company significantly reduced its All-Injury Frequency Rate to 0.2 and contributed SAR 11.2 billion in local content to the Saudi economy.
Company: Saudi Arabian Mining Co (Maaden)
Sector: Mining & quarrying
Country: Saudi Arabia
Year: 2021
Type: AR2
Pages: 154
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Saudi Arabian Mining Co (Maaden)
Annual Report
The report highlights Ma'aden's record financial and operational performance in 2021, achieving record net profits of SAR 5.2 billion driven by strong global demand and commodity prices. The company finalized its corporate ESG strategy, aligning with Saudi Arabia's net-zero ambitions and obtaining the Aluminum Stewardship Initiative certification. Operationally, Ma'aden completed construction of its third ammonia plant in Ras Al Khair and advanced the Mansourah-Massarah gold project. Additionally, the company significantly reduced its All-Injury Frequency Rate to 0.2 and contributed SAR 11.2 billion in local content to the Saudi economy.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Net Zero Target
Employees