What's Happening?
Hatch has been selected by Maaden, the Saudi Arabian Mining Company, as a strategic delivery partner to advance several growth projects in Saudi Arabia. This collaboration aims to implement a comprehensive approach to project development and execution,
leveraging advanced design and delivery models to achieve predictable and value-driven outcomes. The partnership is a key component of Saudi Arabia's Vision 2030, which seeks to diversify the economy and enhance the mining and metals sector. Hatch will contribute its expertise in process design and innovation to future-proof projects and align them with the Kingdom's long-term objectives. The initiative also focuses on developing local capabilities and workforce skills to position the metals industry as a sustainable economic engine.
Why It's Important?
This partnership is significant as it aligns with Saudi Arabia's Vision 2030, which aims to transform the country's economy by reducing its dependence on oil and fostering sustainable growth in other sectors, including mining. By collaborating with Hatch, Maaden is poised to enhance its project execution capabilities, which could lead to increased efficiency and competitiveness in the global metals market. The development of local talent and skills is also crucial, as it ensures that the workforce is equipped to support the industry's growth, potentially leading to job creation and economic diversification. This initiative could set new benchmarks for sustainable development in the region.
