Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Saudi Arabian Mining Company

2,030 views

Published on

Mohammad Bajba, Deputy Executive Director, Ma'aden Aluminum Project's presentation at the 2010 U.S.-Saudi Business Opportunities Forum in Chicago, IL.

Published in: Business, Technology
  • Be the first to comment

  • Be the first to like this

Saudi Arabian Mining Company

  1. 1. US-Saudi Business Opportunities <br />Forum<br />Saudi Arabian Mining Company <br />Company <br />29 April 2010<br />Mohammad Bajba<br />
  2. 2. Table of Contents <br />Introduction<br />Evolution of Ma’aden<br />Ma’aden Current Business <br />Ma’aden Aluminum Project<br />Available Infrastructure <br />Future Opportunities<br />
  3. 3. MA’ADEN<br />Government investment in infrastructure to promote diversification facilitates growth of minerals industry and downstream opportunities.<br />Well positioned for growth as Saudi Arabia expands into new industries to take advantage of abundant mineral resources and well advanced infrastructure.<br />
  4. 4. Evolution of Ma’aden<br />1997~1999<br />2000~2002<br />2003~2006<br />2009~<br />2007~2008<br />Beginning<br />Gold Development<br />Mining Law & Railway<br />Expansion & Growth<br />Capitalization<br />1997<br />Established<br />1999<br />50% of Petromin interest in SCPM<br />2000<br />Al Hajar Gold Mine commissioned<br />2002<br />Bulgah Gold Mine Opened<br />2004<br />KSA Mining Investment Law<br />2006<br />North-South Railway approved by Council of Ministers<br />2009<br />Aluminum Joint Venture with ALCOA<br />ECA with SWCC<br />Today<br />Publicly traded company (CAP over SR.9,25B<br />With aspiration for massive growth<br />2007<br />Phosphate Joint Venture with SABIC<br />2008<br />Completed IPO 50% share public <br />
  5. 5. Ma’aden Operation’s (KSA)<br />
  6. 6. Current Business<br />World class diversified mining and minerals group.<br />Organized to develop non-petroleum resources into competitive industries.<br />
  7. 7. Ma’aden Gold Mines<br />World Competitive Gold Mines<br />
  8. 8. Ma’aden Phosphate Project<br />Ma’aden Phosphate<br />30%<br />70%<br />Ma’aden Phosphate Company<br />Al Khabra Project<br />93% Completed<br />S/U 4thQ 2010<br />Feasibility Study <br />Will be completed <br />August 2010<br />
  9. 9. 9<br />SWCC<br />Downstream <br />Industries<br />Port and Sea Water Basins<br />Aluminum<br />Phosphate<br />
  10. 10. Table of Contents <br />Introduction<br />Evolution of Ma’aden<br />Ma’aden Current Business <br />Ma’aden Aluminum Project<br />Available Infrastructure <br />Future Opportunities<br />
  11. 11. Ma’aden Aluminum Project<br />Lowest Aluminum cost worldwide <br />Fully integrated complex (Mine & Refinery/ Smelter/Rolling Mill)<br />Leading role in advancing Local and Regional economy as a major hub for the Aluminum and downstream sectors <br />A catalyst for the generation of significant new businesses and employment opportunities<br />
  12. 12. One Project - Two Phases<br />1,350 MW<br />SWCC<br />Baiytha<br />MINE<br />4,000 ktpy (dry)<br />Bauxite Ore<br />Alumina Refinery<br />1,800 ktpy<br />Bulk Alumina<br />Alumina<br />Export Sales<br />Aluminum Smelter<br />740 ktpy<br />Aluminum Standard Ingot & T-Bar<br />Phase 2<br />Rolling Slab<br />Rolling Mill<br />380 ktpy<br />Flat Rolled Products<br />Domestic Sales<br />Phase 1<br />
  13. 13. Aluminum Complex - Utilities<br />Mine &Refinery<br />4 Mt Mine Capacity<br />1.8 Mt/yr (SGA)<br />Water (Potable (13,000 mt/d (minimum))<br />610<br />As per “MinPet“ <br />Resource Allocation letter<br /> dated 7th July 2009 <br />64 mw<br />Water ( Distillate (12,000 mt/d (maximum))<br />Rolling Mill<br />Hot mill : 460 Kta<br />Cold mill: 250 Kta<br />Aramco<br />Gas (21mmscf/day)<br />4594<br />52.3 mw<br />Heavy Crude Oil<br />8,000 BPD<br />1228.5 mw<br /> (ICH & system losses)<br />Smelter<br />740ktpa Alum.(AP37)<br />2 PL – 360 Pots/line<br />Natural Gas<br />500 mmscf/d<br />(309+191)<br />21mmscf/day<br />(MAC)<br />7268<br /> (1,350 MW)<br />Electricity<br />Gas <br />(521mmscf/day)<br />SWCC PROJ<br />Power : 2400 MW <br />Water : 1,025,000 M3/D<br />New <br />Circuits<br />National Water Grid<br />1,000,000 tpd water<br />National Electricity Grid<br />1,050 MW<br />
  14. 14. EnergyConversionAgreement<br />Combined Power Project with SWCC<br />SWCC<br />2400MW<br />1.025 M m3/d <br />SWCC<br />Power<br />SWCC Water<br />SWCC<br />power<br />SWCC water<br />Ma’aden<br />power<br />Ma’aden<br />Water<br />1000 MW<br />1 M m3/d<br />Ma’aden off take 1350MW & 0.025 mM3/d<br />SWCC Off take1M m3/d<br />1050MW <br />to SEC<br />50MW DS industries <br />in RSZ<br />Larger Station with Efficient Energy Utilization<br />Ma’aden<br />Ma’aden<br />Power<br />Ma’aden<br />Water<br /><ul><li> Economies of scale</li></ul>- Capital - single EPC, building cost<br />- Operating - single O&M contract<br /><ul><li> Significantly lower capital investment
  15. 15. Improved efficiencies by cogenerating of power & water</li></ul>1350 MW<br />0.025 M m3/d<br />
  16. 16. Table of Contents <br />Introduction<br />Evolution of Ma’aden<br />Ma’aden Current Business <br />Ma’aden Aluminum Project<br />Available Infrastructure <br />Future Opportunities<br />
  17. 17. National Infrastructure Enhancement <br />Minerals Industrial City<br /><ul><li>Strategic metals & minerals industry clusters
  18. 18. Center of excellence
  19. 19. Jubail Industrial City Partnership</li></ul>Port Development <br /><ul><li>23 Km2 Area
  20. 20. Six Berths
  21. 21. Expected Completion</li></ul> date is Nov. 2010 <br />Saudi Railway Company<br /><ul><li>Longest Worldwide (1,500KM)
  22. 22. Overall performance for mineral line is 97%
  23. 23. Expected completion </li></ul> date is Sep. 2010<br />
  24. 24. Table of Contents <br />Introduction<br />Evolution of Ma’aden<br />Ma’aden Current Business <br />Ma’aden Aluminum Project<br />Available Infrastructure <br />Future Opportunities<br />
  25. 25. Advantages for Investors<br />Natural resources <br />Clear mining laws <br />Expanding supplier & services<br />Liquidity & Stability<br />Advance infrastructure<br />Proximity to markets<br />Access to energy<br />
  26. 26. Aluminum End-user Applications<br />Wires & <br />Cables<br />Casting <br />Products <br />Extrusions<br />Rolled <br />Products <br />
  27. 27. Opportunities for Partnership<br />Actively seeking partnership opportunities<br />Joint ventures<br />Investment<br />Technology<br />Suppliers and professional service<br />Massive exploration potential<br />
  28. 28. Thanks … <br />

×