Saudi Arabia strategic Projects: news, discussions & updates

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Maaden revenue increases on higher commodity prices​

By


Pramod Kumar
August 10, 2026 10:37 AM

Maaden said net profit was up 10% in the first half of 2026
Maaden said net profit was up 10% in the first half of 2026Copyright:SPA
Saudi mining company Maaden reported strong revenue growth in the second quarter of 2026, driven by higher commodity prices and increased gold and aluminium sales volumes.

The topline grew 16 percent year on year to SAR11 billion ($3 billion) in the quarter ended June 30, 2026, despite lower sales of phosphates.

Half-yearly revenue was up 10 percent, the company said in a statement to the Saudi stock exchange.

Aluminium prices surged 51 percent, gold increased 33 percent, while ammonia jumped 135 percent in the second quarter year on year.


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