The Kingdom of Saudi Arabia will witness during the next few years a significant industrial shift due to the growing industrial investment, infrastructure and support provided by the state in conjunction with the Saudi industrial strategy.
Among the most important Saudi industrial projects is the mining industries projects of the Saudi Arabian Mining Company, Ma’aden.
After completion and reaching maximum production capacity, the projects of the company are expected to make the kingdom a prime producer of phosphate and aluminum as well as other metals such as gold, copper and industrial minerals.
A report on the activities, plans and programs of the company explained that the company is currently investing more than 85 billion riyals in three major projects for phosphate and aluminum.
The company invested with “SABIC” more than 21 billion riyals for the exploitation of phosphate in Hazm Al-Jalamid in the northern region.
The company started producing aluminum for the first time in the kingdom in 12/12/2012 and is currently producing up to 740 thousand tons per year.
Source : Saudi News Agency
