Ma'aden Gold and Rare Earths Expansion Program
Sector: Automotive • Location: Riyadh, Saudi Arabia
Source: Sri Lanka Guardian
Saudi Arabian Mining Company (Ma'aden) is pursuing an ambitious growth strategy to double gold production by 2030 and build a rare earths supply chain. The company plans to spend around $2.5 billion annually over the next five years to expand its domestic portfolio including copper, gold, and rare earths, minerals crucial for electric vehicles, renewable energy, and defense industries.
- Status
- Prospective
- Sector
- Automotive, Aerospace & Defense, Metal, Electric Vehicles (EVs), Warehouse
- Location
- Riyadh, Saudi Arabia
- Updated
- 22 Jul 2026
- Source
- Sri Lanka Guardian
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Saudi Arabian Mining Company (Ma'aden) is pursuing an ambitious growth strategy to double gold production by 2030 and build a rare earths supply chain. The company plans to spend around $2.5 billion annually over the next five years to expand its domestic portfolio including copper, gold, and rare earths, minerals crucial for electric vehicles, renewable energy, and defense industries. |
Original sector | Mining |
Budget |
Location
Country | Saudi Arabia |
City | Riyadh |
Source
Source | Sri Lanka Guardian |
URL |
More Details
Record type | Project |
Sector | Automotive, Aerospace & Defense, Metal, Electric Vehicles (EVs), Warehouse |
Article published date | 2025-09-24 |
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