Saudi Mining Accelerated
Hatch and Maaden Forge Strategic Partnership to Accelerate Saudi Mining Development
Anonymous
Canadian engineering firm Hatch has signed a strategic delivery owner-partnership agreement with Maaden, Saudi Arabia's national mining company, to help drive the kingdom's mining expansion. The deal was signed at the Future Minerals Forum in Riyadh, according to Financial Post.
The partnership puts Hatch's global network of engineers and project specialists to work supporting Maaden's growth plans. The goal is to build the workforce and skills needed to make mining a long-term pillar of Saudi Arabia's economy.
A Deal Signed at Riyadh's Top Mining Forum
The agreement was formalized at the Future Minerals Forum in Riyadh, one of the world's leading gatherings for the mining sector. The forum brings together governments, companies, and investors to shape the future of the global minerals industry. Signing there signals the high profile both sides want to give this partnership, BDT Online reported.
The partnership is also a sign of a growing economic relationship between Canada and Saudi Arabia. Hatch, headquartered in Canada, will deploy engineers and project delivery experts from its Canadian offices as well as its global operations to support Maaden's programs.
What Hatch Brings to Maaden's Mining Push
Hatch is a global firm that works across mining, metals, energy, and infrastructure. Under this deal, it acts as an owner-partner — meaning it works closely alongside Maaden rather than simply as an outside contractor. This model gives Maaden direct access to Hatch's technical expertise and project management systems, according to The Whig.
Hatch will support the full project delivery process, from early planning through to execution. The firm's specialists will help Maaden manage complex, large-scale mining projects more efficiently and with lower risk of delays or cost overruns.
Building Saudi Arabia's Mining Workforce for the Long Term
Beyond project delivery, the partnership has a clear workforce development goal. Hatch and Maaden aim to build local capabilities and skills inside Saudi Arabia. The idea is to grow a homegrown metals industry workforce, not just complete individual projects, The Observer reported.
Saudi Arabia holds some of the world's largest untapped mineral reserves, including gold, phosphate, and bauxite. Maaden has been expanding rapidly in recent years. A long-term engineering partner like Hatch is designed to help the company scale that growth faster and more reliably.
Canada-Saudi Arabia Ties Deepen Through Mining
The deal underlines a broader trend of Canadian firms playing a bigger role in Saudi Arabia's economic transformation. Saudi Vision 2030 — the kingdom's plan to reduce its dependence on oil — puts mining and metals at the center of its diversification strategy. Partnerships with firms like Hatch are a key tool to make that happen, according to Fort Saskatchewan Record.
For Hatch, the agreement opens the door to one of the most ambitious mining buildouts in the Middle East. The firm gains a long-term anchor client in a fast-growing market, while Maaden gets the engineering firepower needed to meet its expansion targets.
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