MP and Maaden Announcement

[John]

https://www.maaden.com/latest-news/...lish-full-value-chain-for-rare-earthmagnetics

This is a few weeks old. And we had it in our news here:

https://rareearthexchanges.com/news...-with-mp-materials-symbol-or-strategic-shift/


And i'm discussing Maaden here:

Thread 'Maaden - Saudi Arabian Mining Company'

May 26, 2025

https://www.maaden.com/investor-relations?category=corporate-overview

After the recent annoucement with MP Materials (Link here for discussion on the MP Forum) i wanted to know who Maaden was....and it looks like they are backed by the Govt. And the Saudi govt have plans for mining in Saudi Arabia to account for about 5% of their economy by 2030.

Obviously this will not just be Maaden.

But to put that into persepctive, mining in SA is currently about 1.5% of the economy!!! And they want it to get to about 5% in the next 5 years. So that means they need to increase in dollar...

• John
• Replies: 1
• Forum: Core Dump

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