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A word from our board of directors

In recent years, we have witnessed many developments across different sectors in the kingdom, including the industrial and mining sectors, as part of the kingdom’s 2030 vision plan and in line with the National Industry Development Program that will bring many benefits to the country.

With these developments, Muadinoon Mining Company is implementing initiatives to meet the kingdom’s 2030 vision by enhancing the infrastructure of the sector’s programs to maximize value, raise the percentage of local non-oil ventures, and contribute to the growth and development of the kingdom’s economy.

 

We strive to support and localize Saudi manufacturing industries to motivate future generations to contribute to the country’s economy and create more job opportunities.

In addition, Muadinoon Mining Company conducts research on minerals in the Kingdom to utilize the mineral resources in the Arabian region, so local resources are the main source of economic growth as we always strive to develop strategies that enhance local and global economies.

Founder and CEO

Saud bin Abdulaziz Al Abdulaziz

Our story

Muadinoon Mining Company was established in 2007 after studies were conducted on minerals in the kingdom of Saudi Arabia, which were found to contain the most important raw material (Silica) that possesses many beneficial characteristics – making it an excellent investment. Silica is easily produced and acts as a primary mineral in the production of alternative energy that contributes to preserving the environment and non-renewable energy resources.

And so, our journey began with the backing of the Ministry of Industry and Mineral Resources, who granted us a license to mine within an area of ​​13 square kilometers for  Silica sand in the Tabuk region, south of the city of Tema. Thus, the goal of leveraging Arabian minerals was born, to contribute to economic growth locally and globally, and to establish the name of Muadinoon Mining in the industry while supporting the localization of industries in the kingdom to realize the efforts of the National Industry Development Program as part of the kingdom’s Vision 2030.

Over time, Muadinoon Mining Company developed from one application for Silica sand in 2012 to dozens of Silica applications, and we remain consistent in conducting research and studies to expand our uses of Silica sand. It is through our strategic plans and careful implementation that we have gained the largest licensed reserves in the Kingdom of the purest Silica mineral at a rate of 99.9% according to the geotechnical laboratories of  Riyadh.

In addition, we comply with the highest quality standards in the industry to preserve the environment, including compliance with the National Center for Vegetation Development and Combating Desertification., and (BQSR) an American company, which granted us the international quality certificate according to their standards assessment.

Mission

Muadinoon Mining Company aims to participate in the development of the Kingdom’s industrial sector by implementing mining initiatives that ensure quality and sustainability to achieve the highest economic return.

Vision

1- Achieving the company’s objectives and main activities by adopting strategic plans based on Vision 2030 objectives in the mining sector.

2- Supporting the development of the mining sector in the kingdom to encourage other sectors to follow the company’s strategies and standards to drive economic growth and cover a large portion of the local and global markets.

Muadinoon’s Framework for Vision 2030 and the National Industry Strategy

Muadinoon Mining Company has established strategies for development in its field and drafted a standard plan to achieve the company’s quantitative and qualitative goals in line with Vision 2030 and its program to develop the industrial machinery sector for quality control and periodic performance assessment. These three main strategies provide opportunities for the company to grow, expand its scope of work, and meet the requirements of local and global markets:

1. Operational strategy: we plan to develop Muadinoon Mining Company to become a supportive company for the national manufacturing sector and enable the export of non-oil products, which contributes to the economic growth of the country.

2. Value Strategy: implementing a plan to merge other sectors of the company to add industrial units that contribute to the introduction of new products that increase the company’s market value share and broaden its customer base, strengthening the value of the local industrial sector.

3. Transformational strategy: we plan to transform Muadinoon Mining from a limited liability company into a company listed on the Saudi stock market, promoting the growth of the company locally and globally.

Muadinoon was built upon a foundation of long years of study and consultancy that considered the needs of the country, society and the environment. Our human capital is an integral part of our vision to become the global quality leader in the mineral industry and an environmental-conscious advocate of responsible mining practices. To this end, we developed the PREFER-able mining model with which we are carefully balancing the needs of industry, economy and the environment in all our operations.

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