1 aluminium phosphate gold infrastructure ma’aden’s role in regional development engr. khalid...
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www.maaden.com.sa
Aluminium
Phosphate
Gold
Infrastructure
Ma’aden’s Role in Regional DevelopmentEngr. Khalid Al MudaiferPresident and CEO
Ma’aden – Saudi Arabian Mining Company
SIDF Forum - January 2015
Copper
Saudi Arabia‘sIndustrial Development
Oil and GasEst. 1934
Govt ownership 100%
MiningEst. 1997
Govt ownership 50%
PetrochemicalsEst. 1976
Govt ownership 70%
SuppliersWorkforce Transportation
Ports Power
Consultancy
LaboratoriesTechnology
RegulationsDownstream
Financing
ContractorsCommunities
Exploration
www.maaden.com.saMa’aden – Saudi Arabian Mining Company
2We are building the “Third Pillar” of Saudi Industry
www.maaden.com.saMa’aden – Saudi Arabian Mining Company
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Copper
Ma’aden – A diversified group serving domestic & global markets
Ma’aden is one of the world’s fastest growing mining companies
▪ 4 gold mines▪ Phosphate JV signed
6,500800
SAR 74 bnSAR 6 bn
2007
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2014*▪ 5 gold mines▪ World scale Phosphate complex▪ World scale Aluminum complex▪ Led over SAR 100 billion investment
SAR 240 MMSAR 11 MM
Revenues
Employees
Assets
8x
12x
44x
www.maaden.com.saMa’aden – Saudi Arabian Mining Company
* YTD Expected 2014
Riyadh
Wa’ad Al-Shamal
Ba’aitha
Al Jalamid
Jeddah
Dammam
5 gold mining facilities
2 mines under construction
• 137 K Oz average annual production
Passenger Railway Mineral Railway Phase 1 Phase 2
Production of caustic magnesia
Magnesite mine
Kaoline & low grade bauxite
ALUMINIUM
INDUSTRIAL MINERALS
GOLD MINES
PHOSPHATE
Phosphate mine – 11 mmt
Phosphate production – 3.0 mmt
Bauxite mine – 4 mmt
Aluminium production – 740 Kmt
Ma’aden Builds and Operates Across the KSA Including Two New Industrial Cities
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Ras Al-Khair
www.maaden.com.saMa’aden – Saudi Arabian Mining Company
Ma’aden headquarters
Ras Al Khair: “Arguably the most ambitious single phase industrial scheme ever conceived in the Middle East” MEED 23/12/14
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www.maaden.com.saMa’aden – Saudi Arabian Mining Company
Challenge: collaboration across many infrastructure stakeholders
Transfer Operations(2011…)
• Handover to RCJY • Further SAR 10 bn investment
Project Studies(2005-2010)
• Ma’aden led initial social and environment assessments
• Master planning
Plan & Build Facilities(2006-2010)
• Ma’aden led design and building & developed governance process
• Ma’aden, under the Ministry of Petroleum and Minerals, coordinated with:• Saudi Arabia Railway• Saudi Ports Authority• Saudi Electric Company• Saudi Aramco• Saudi Water Corporation• Public Investment Fund• Ministry of Transportation
• Total investments over SAR 120 bn2005 2014
Future Expansionsand Downstream Industries
Ras Al-Khair Mining Industrial City – Delivered7
www.maaden.com.saMa’aden – Saudi Arabian Mining Company
• Multi-commodity Industrial City• Port access to key global markets• Approx. SAR 35 bn to Saudi GDP• Approx. 25,000 direct & indirect jobs
SWCC (Power)
Aluminium Complex
SAR
Village
Saudi Port Authority
Phosphate Complex
Wa’ad Al Shamal: The Largest Ever Industrial Development in the Interior of Saudi Arabia
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www.maaden.com.saMa’aden – Saudi Arabian Mining Company
Challenge: to maximise local social and economic benefitto remote northern communities
Project Studies(2010-2012)
• Ma’aden led an environmental and social impact assessment
• Master Planning
Ma’aden Localization Strategy(2013)
Local CommunitiesUpgrade skills of local youth • Saudi Mining Polytechnic• Sponsor/operate 2 high schools• Mubadarah program (RCJY)
Local CompaniesEnable local SMEs to build capacity• Local content requirements• Wa’ad Opportunities website• Community Develop. Centre
Regional Gaps Identified(2012)
Local Communities• Highest unemployment in KSA• Low private sector involvement• Lack of English skills• Need for on job mining training
Local Companies• Most local firms only 10 staff• Local suppliers lack info about
market opportunities • No major industrialization
Wa’ad Al Shamal: Delivering Opportunities to a Remote Community 9
Diversification and Jobs• 25,000 direct and indirect jobs• Adds SAR 15 Bn to Saudi GDP• Over 20 downstream investment opportunities
Community Development Centre• 12% of jobs from contractors locally filled• 10% of contract value to be spent locally• Industrial/commercial investment opportunities
Saudi Mining Polytechnic• Partnership with TVTC• Arar facility for up to 500 students • Expanding to new facility in Wa’ad Al Shamal
www.maaden.com.saMa’aden – Saudi Arabian Mining Company
For Ma’aden, Regional Development is About People10
Ma’aden – Saudi Arabian Mining Company
11www.maaden.com.sa
Aluminium
Phosphate
Gold
Infrastructure
THANK YOU
Ma’aden – Saudi Arabian Mining Company
SIDF Forum - January 2015
Copper