Purpose Saudi Arabian Mining Company (Ma’aden) was formed in 1997 with the aim of facilitating the development of mineral resources in Saudi Arabia. Therefore, Ma’aden is involved in the mining business, which entails exploration, development, and production of minerals. Initially, the company focused on gold mining, but it has expanded its scope to cover aluminum, phosphate, and other industrial minerals. Vision “To be a world-class minerals enterprise” (“Ma’aden: Saudi Arabian Mining Company” par. 1) Our mission “Champion the responsible development of the mining sector as the third pillar of the Saudi economy by maximizing the value of the mineral resources for our stakeholders and adopting best in class practices” (“Ma’aden: Saudi Arabian Mining Company” par. 2). Our core values To achieve our mission and realize our vision, Ma’aden has adopted a set of core values, which reinforce a culture that fosters growth and development in all areas of our operations. The core values propel the company towards becoming an excellent enterprise coupled with achieving operational efficiency and sustainable development by considering social and environmental aspects. The core values include   * Integrity – We seek to act with integrity by maintaining the highest ethical standards in our interactions with all stakeholders.   * Care – Ma’aden promotes sustained care, which entails being fair to its employees, communities, and the environment.   * Teamwork – Our success hinges on collaborating with one another and all the involved stakeholders to achieve the set goals.   * Ownership – We take personal responsibility coupled with empowering others to achieve quality and ensure progress. Our Business As mentioned earlier, Ma’aden initially focused on the mining of gold, but we have widened our scope of operation to include phosphate and aluminum. Besides, the company is in the process of exploring other industrial minerals like magnesite, kaolin, caustic soda, and dichloride ethylene. The following is a breakdown of the company’s businesses Gold & Base Metals The mining and exploration of gold and base metals are undertaken through Ma’aden Gold and Base Metals (MGBM), which is a subsidiary of the parent company. This subsidiary oversees six gold mines spread across Saudi Arabia. Phosphate This mineral is critical in the production of fertilizers and given the growing global population, food production should be enhanced to meet the surging demand. This understanding prompted Ma’aden to start the production of Diammonium Phosphate (DAP) and Monoammonium Phosphate (MAP). Currently, the phosphate business is run under Ma’aden Phosphate Company (MPC) and Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC). Ma’aden owns 70% of the MPC and the remaining 30% belong to Saudi Basic Industries Corporation (SABIC). Ma’aden, Mosaic, and SABIC own 60%, 25%, and 15% of MWSPC respectively. Aluminum The aluminum project falls under Ma’aden Aluminum (MA), which is a joint venture between Ma’aden and Alcoa. MA produces and supplies aluminum products to both local and international customers in the packaging, automotive, and construction industries. Industrial minerals Ma’aden has initiated different projects for the exploration and mining of d