Ma'aden

Ma'aden was established as a Saudi Arabian joint stock company in March 1997 and is owned 100% by the Government. Its purpose is to facilitate the development of Saudi Arabia's non-petroleum mineral resources and to diversify the Kingdom's economy away from the petroleum and petrochemical sectors. Ma'aden is engaged in the development, advancement and improvement of all aspects of the mineral industry, mineral products and by-products and related industries in Saudi Arabia. The company intends to become public in July 2008.