Ma’aden posts 91% profit surge to $1.51bn in first 9 months of 2025

RIYADH: Saudi Arabian Mining Co., also known as Ma’aden, reported a net profit of SR5.67 billion ($1.51 billion) in the first nine months of 2025, up 91 percent from the same period a year earlier. According to a company filing, total revenue climbed 24 percent year on year to SR27.9 billion, supported by higher prices and sales volumes across the phosphate, aluminum, and gold business units. Ma’aden’s strong financial performance aligns with Saudi Arabia’s goal to establish mining as the third pillar of the Kingdom’s economy, with the country’s mineral wealth estimated at $2.5 trillion.

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