Ma'aden (Saudi Arabian Mining Company) — Ethics Grade C-

Ma'aden (Saudi Arabian Mining Company) receives an overall ethics grade of C- (42/100) on CancelCo's corporate accountability database. Sector: Mining & Metals. Market cap: Large Cap.

Category scores

• labor: 35
• privacy: 80
• consumer: 60
• environment: 45
• humanRights: 30

Documented incidents (3)

• Migrant Worker Welfare Concerns (high, 2021) — Reports indicated substandard living conditions and restricted movement for migrant workers in mining camps located in remote desert regions.
• Phosphate Dust Emissions (medium, 2022) — Local communities near the Wa'ad Al-Shamal industrial city raised concerns regarding air quality and livestock health due to phosphate dust from mining refineries.
• Transparency Gaps (medium, 2023) — The company has faced international criticism for limited reporting on its mineral revenue streams and beneficial ownership disclosures.

Documented good deeds

• Treated Wastewater Conservation — Implemented one of the world's longest pipelines to use treated wastewater for mining operations instead of scarce groundwater.

Ethical alternatives

• Agnico Eagle Mines — High standards for community engagement and safety protocols in harsh environments.