Ma’aden Accredited as the World’s Largest Ultra Low Carbon Ammonia Producer

RIYADH, 11 January - Saudi Arabian Mining Company (Ma'aden), the largest multi-commodity firm in the Middle East, has been certified by the international assessor DNV as having produced 614,000 tonnes of ultra low carbon ammonia, representing the largest quantity accredited in the world to date. This is a significant step forward in Ma’aden’s plans to grow and transform its business to become an ESG role model in the Kingdom.

This accreditation highlights Ma’aden's commitment to operational excellence and increasing its portfolio of premium products as the company positions itself in key global markets at the same time as driving the decarbonization of supply chains across the fertilizer industry and supporting sustainable food production.

With a world leading fertilizer business which is now the second largest exporter of phosphate fertilizers, there is significant potential for Ma’aden to consolidate its presence as a leading producer of ultra low carbon ammonia. This follows Ma’aden’s ambitious program to ship over 138kt of blue ammonia to major global markets, including the European Union and China, signalling the company’s growing activity in global value chains.

Robert Wilt, CEO, Ma’aden, said: “We are now at the forefront of supplying the world with a lower carbon fuel source that has potential to support the global energy transition. It’s great to see our plans for growth and transformation not only being realized and putting Ma’aden on a sustainable path for the future, but also having the potential to help drive Saudi Arabia’s green ambitions.”

Geir Fuglerud, CEO of DNV SCPA, stated: “This accomplishment stands as a testament to Ma'aden's dedication to environmental stewardship and its commitment to a sustainable future. This achievement not only aligns with global sustainable developments goals but also demonstrates Ma'aden's industry leadership position in the Kingdom of Saudi Arabia.”

Ma’aden is the largest multi-commodity mining and metals company in the Middle East and among the fastest-growing mining companies in the world, with revenues of SAR 40.3 billion ($10.7 billion) in 2022. We are developing the mining industry into the third pillar of Saudi economy in line with Vision 2030, and aim to be a role model in responsible and sustainable operations.

We operate 17 mines and sites, have 6,000+ direct employees and export products to over 30 countries. We are embarking on massive growth over the next 18 years across our phosphate, aluminium, gold, copper and new minerals – to leverage the Kingdom’s estimated $1.3 trillion mineral endowment and international opportunities.

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