Latest news with #BobWilt
Trade Arabia
3 days ago
- Business
- Trade Arabia
Saudi Pro League announces long-term partnership with Maaden
The Saudi Pro League (SPL) and Saudi Arabian Mining Company (Maaden) have agreed a long-term strategic partnership, with Maaden named the Official Platinum Partner of the SPL until July 2030. Omar Mugharbel, CEO of SPL, said: 'We are proud to welcome Maaden as a long-term partner of the Saudi Pro League. As a national champion and one of the region's fastest-growing companies, Maaden shares our commitment to excellence, innovation, and long-term impact. This partnership reflects the power of football to inspire and engage communities – including employees – and aligns closely with our shared goals under Vision 2030.' Bob Wilt, CEO of Maaden, said: 'Partnering with Saudi Pro League provides us with a unique platform for Maaden to bring our new brand to life and connect to a significant audience of passionate football fans across Saudi and internationally. We hope to engage our employees and inspire a new generation of mining talent as we evolve this partnership together with SPL.' The partnership will focus on strengthening Maaden's position as an employer of choice in Saudi Arabia, leveraging the reach and influence of the Saudi Pro League to drive employee engagement, promote career opportunities, and support the third pillar of Vision 2030: a thriving economy built on ambition and participation. The collaboration will also explore joint initiatives across community engagement and national talent development by harnessing the popularity of football to inspire the next generation of professionals in both sport and industry. By aligning Maaden's national presence with the SPL's growing domestic and international footprint, the partnership is set to create meaningful touchpoints with fans, employees, and future talent across Saudi Arabia.-
Zawya
3 days ago
- Business
- Zawya
Saudi Pro League announces long-term partnership with Maaden
The five-year deal will focus on strengthening Maaden's position as an employer of choice Riyadh, Saudi Arabia – The Saudi Pro League (SPL) and Saudi Arabian Mining Company (Maaden) have agreed a long-term strategic partnership, with Maaden named the Official Platinum Partner of the SPL until July 2030. Omar Mugharbel, CEO of SPL, said: 'We are proud to welcome Maaden as a long-term partner of the Saudi Pro League. As a national champion and one of the region's fastest-growing companies, Maaden shares our commitment to excellence, innovation, and long-term impact. This partnership reflects the power of football to inspire and engage communities – including employees – and aligns closely with our shared goals under Vision 2030.' Bob Wilt, CEO of Maaden, said: 'Partnering with Saudi Pro League provides us with a unique platform for Maaden to bring our new brand to life and connect to a significant audience of passionate football fans across Saudi and internationally. We hope to engage our employees and inspire a new generation of mining talent as we evolve this partnership together with SPL.' The partnership will focus on strengthening Maaden's position as an employer of choice in Saudi Arabia, leveraging the reach and influence of the Saudi Pro League to drive employee engagement, promote career opportunities, and support the third pillar of Vision 2030: a thriving economy built on ambition and participation. The collaboration will also explore joint initiatives across community engagement and national talent development by harnessing the popularity of football to inspire the next generation of professionals in both sport and industry. By aligning Maaden's national presence with the SPL's growing domestic and international footprint, the partnership is set to create meaningful touchpoints with fans, employees, and future talent across Saudi Arabia. Follow all the latest Roshn Saudi League developments on X at @SPLEN, on Instagram at @SPL_EN, and on TikTok @spl or visit the website for more information and updates. About the Saudi Pro League The Saudi Pro League (SPL) is the governing body of Saudi Arabia's top-tier football division and the highest-ranked league in Asia, as recognized by the AFC. The SPL aims to create experiences that go beyond the 90 minutes of play, transforming every game week into a memorable event. Through its mission, the SPL focuses on developing the sport, nurturing talent, and blending competition, community, and culture to tell a story that resonates with fans worldwide. In early 2023, the SPL launched a transformation strategy aligned with Saudi Arabia's Vision 2030, aiming to position the league among the world's best. The strategy focuses on nurturing young talent, attracting top international players, improving club governance, and driving competitiveness both on and off the pitch. With a commitment to innovation and excellence, the SPL is shaping a football legacy that extends far beyond the game itself, contributing to the growth of the sport and the nation.
Leaders
16-05-2025
- Business
- Leaders
Saudi Arabia, US Unite to Launch Pioneering Rare Earth Hub
The Saudi Arabian Mining Company (Ma'aden) has collaborated with MP Materials, a leading U.S. rare-earth producer, to establish a fully integrated rare earth supply chain in Saudi Arabia. This collaboration aims to cover all stages, including mining, separation, refining, and magnet production, to enhance industrial depth and support downstream sectors. Ma'aden and MP Materials signed the memorandum of understanding (MoU) during the U.S.-Saudi Investment Forum 2025 in Riyadh, reflecting the growing economic partnership between the two nations. Both countries share a strategic vision to strengthen critical mineral supply chains and support advanced manufacturing industries. Advancing Saudi Arabia's Vision 2030 Goals Ma'aden's CEO, Bob Wilt, emphasized the importance of this partnership in positioning Saudi Arabia as a global hub for rare earth production. 'This initiative aligns with our goal to make mining the third pillar of the Saudi economy, driving industrial and economic growth,' he said. Rare earth magnets are essential for advanced technologies, including robotics, renewable energy, and aerospace. With Saudi Arabia's competitive energy base, world-class infrastructure, and strategic location, this partnership aims to diversify and expand the global rare earth supply chain. MP Materials CEO, James Litinsky, highlighted the significance of this collaboration, calling it 'a critical step in rebalancing the global supply chain during a period of transformational growth fueled by emerging technologies.' This partnership marks a significant milestone in Saudi Arabia's journey to becoming a leader in the critical minerals sector. By leveraging its vast mineral reserves and advanced infrastructure, the Kingdom is poised to play a pivotal role in meeting the rising global demand for rare earth elements. The Ma'aden-MP Materials partnership underscores Saudi Arabia's commitment to economic diversification and technological advancement. This collaboration not only strengthens Saudi-U.S. ties but also positions the Kingdom as a key player in the global rare earth supply chain. Short link : Post Views: 13
Yahoo
15-05-2025
- Business
- Yahoo
Maaden, MP Materials partner to develop Saudi rare earth supply chain
The Saudi Arabian Mining Company (Maaden) has signed a memorandum of understanding (MOU) with MP Materials, a US rare-earth materials company, to create a fully integrated, end-to-end rare earth supply chain within Saudi Arabia. This includes mining, separation, refining and magnet production, all intended to enhance industrial depth and generate value for downstream sectors. The agreement, signed on the sidelines of the US-Saudi Investment Forum 2025 in Riyadh, reinforces the ongoing economic relationship between Saudi Arabia and the US, highlighting the strategic alignment of both nations in enhancing critical mineral supply chains. In April 2025, Maaden initiated the process of selecting an international company to establish a rare earths processing partnership, aiming to position the kingdom as a critical minerals hub. Maaden CEO Bob Wilt said: 'Through a potential partnership with MP Materials, and our deepening ties with the US, we aim to create a global hub for a fully integrated rare earth value chain supporting advanced manufacturing in the kingdom. 'As we continue to build mining as the third pillar of the Saudi economy, this is an integral step in the exploration and development of minerals that will drive economic and industrial growth for the kingdom.' The agreement marks a step towards advancing and de-risking the development of potential rare earth element (REE) deposits in Saudi Arabia, as the nation aims to position itself as a leading player in the critical minerals sector. With Saudi Arabia's competitive energy base, infrastructure and strategic location, this partnership aims to diversify and expand the global rare earth supply chain in response to increasing demand from rapidly growing industries. MP Materials founder, chairman and CEO James Litinsky said: 'Announcement is an important first step towards rebalancing the global supply chain in a moment of transformational growth fuelled by emerging technologies – especially in robotics and physical AI – while deepening the strategic alliance between the United States and Saudi Arabia.' "Maaden, MP Materials partner to develop Saudi rare earth supply chain" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
14-05-2025
- Business
- Zawya
Maaden and MP Materials collaborate to establish full value chain for rare earth magnetics
Riyadh, Saudi Arabia. Saudi Arabian Mining Company ('Maaden' or the 'Company', 1211 on the Saudi Exchange), one of the world's fastest growing mining companies, has signed an Memorandum of Understanding (MoU) with MP Materials Corp ('MP Materials') (NYSE: MP), the American fully integrated rare earth producer, to explore opportunities to establish a fully integrated, end-to-end rare earth supply chain. This agreement combines world-class exploration and processing expertise to advance and de-risk the development of potential Rare Earth Element (REE) deposits across Saudi Arabia as it continues to position itself as a world-leading player in the critical minerals sector. Maaden and MP Materials aim to explore opportunities to jointly develop a vertically integrated rare earth supply chain in Saudi Arabia, including mining, separation, refining, and magnet production, to drive industrial depth and create value for downstream sectors. Rare earth magnets are essential components in critical technologies spanning transportation, energy, robotics, and aerospace. Leveraging Saudi Arabia's competitive energy base, world-class infrastructure, and strategic location, this collaboration will diversify and expand the global rare earth supply chain, supporting rising demand from fast-growing industries. Bob Wilt, CEO of Maaden, said, 'Through a potential partnership with MP Materials, and our deepening ties with the United States, we aim to create a global hub for a fully integrated rare earth value chain supporting advanced manufacturing in the Kingdom. As we continue to build mining as the third pillar of the Saudi economy, this is an integral step in the exploration and development of minerals that will drive economic and industrial growth for the Kingdom.' James Litinsky, Founder, Chairman & CEO of MP Materials, said: 'Today's announcement is an important first step towards rebalancing the global supply chain in a moment of transformational growth fueled by emerging technologies—especially in robotics and physical AI—while deepening the strategic alliance between the United States and Saudi Arabia.' This announcement cements the continued economic ties between Saudi Arabia and the United States and underscores the strategic alignment of the two countries in strengthening critical mineral supply chains and supporting advanced manufacturing industries. ABOUT MAADEN Maaden is the Middle East's largest multi-commodity mining and metals powerhouse and stands among the world's fastest growing, with a robust SAR 32.5 billion (US$8.7 billion) in revenues for 2024. As a KSA-based, globally significant mining champion, Maaden is deploying technology and talent to accelerate the exploration and production of Saudi Arabia's vast mineral endowment to is develop mining as the third sector of the Saudi economy With a skilled workforce of more than 7,000, Maaden operates 17 mines and sites and its products are currently exported to 55 countries globally. ABOUT MP MATERIALS MP Materials (NYSE: MP) is America's only fully integrated rare earth producer with capabilities spanning the entire supply chain—from mining and processing to advanced metallization and magnet manufacturing. We extract and refine materials from one of the world's richest rare earth deposits in California and manufacture the world's strongest and most efficient permanent magnets. Our products enable innovation across critical sectors of the modern economy, including transportation, energy, robotics, defense, and aerospace.
