Cape Town, May 11, 2022, SPA -- The Saudi Arabian Mining Company "MA’ADEN" showcased its ambitious growth strategy during the “Mining Indaba 2022” conference held in South Africa. CEO of MA’ADEN Robert Wilt gave a keynote presentation at the conference, outlining the company’s strategic growth plans, highlighting the wide-ranging opportunities for partnerships and the vast potential of the Saudi mining ecosystem. Wilt highlighted the significant progress MA’ADEN has made in achieving its ambitious growth targets, strengthening its position as a Saudi mining champion with a global presence, while contributing to Saudi Vision 2030. Wilt said: “Our focus is to increase our production capacity across the value chain, while continuing to invest in exploration. Saudi Arabia’s untapped mineral resources are estimated to be $1.3 trillion. Our goal over the next few years will be to transform that raw material into value for the Kingdom and become one of the world’s mining leaders”. “We will be looking for partners to help us deliver on our exploration, technology & innovation and sustainability goals. We look forward to working more closely with the wider mining ecosystem and forming mutually beneficial strategic partnerships.” Wilt said. MA’ADEN is also working to lead by example on several ESG goals aligned with the Saudi Green Initiative and will look to create value-added partnerships in this domain. --SPA 14:22 LOCAL TIME 11:22 GMT 0014 www.spa.gov.sa/w1731107