By The Arabian Leaders
Published on: 22-06-2025
Saudi Arabia’s industrial and mining landscape is undergoing a massive transformation, largely driven by strategic visionaries like Eng. Khalid Saleh Al-Mudaifer. As the Vice Minister for Mining Affairs at the Ministry of Industry and Mineral Resources, he plays a critical role in aligning the Kingdom’s mining strategy with Vision 2030, unlocking mineral potential and global partnerships.
Early Life & Educational Background
Eng. Al-Mudaifer’s academic journey laid a strong foundation for his leadership:
- BSc in Civil Engineering from King Fahd University of Petroleum and Minerals (KFUPM)
- MBA from KFUPM
This blend of technical and managerial education positioned him perfectly for a future in industrial transformation.
Executive Career Milestones
He began his career in key industrial roles:
- VP & Director of Finance at Eastern Petrochemical Company (Sharq/SABIC JV)
- President at Qassim Cement Company
His experiences here built deep insight into operations, strategic planning, and finance.
Transformational Leadership at Ma’aden
Joining Ma’aden in 2006, Al-Mudaifer helped launch the Ma’aden Phosphate Company and master-planned Ras Al Khair Industrial City.
In 2011, as President & CEO, he led Ma’aden to:
- Increase revenue nearly 20x (to ~$4B)
- Expand into gold, bauxite, aluminum, and industrial minerals
- Triple assets to $26B
This growth positioned Ma’aden as a global mining leader.
Championing Vision 2030: Vice Minister Role
Since 2018, as Vice Minister, Al-Mudaifer has steered Saudi Arabia’s mining strategy with key goals:
- Unlock $1.3 trillion in mineral resources
- Make mining the third economic pillar
- Attract $32B+ in investment
- Launch new exploration projects
Key Board Roles & Strategic Influence
Al-Mudaifer holds high-impact board positions including:
- Saudi Arabian Railways (SAR): advancing mining logistics
- Saudi Public Transport Company (SAPTCO): modernizing public transport
- Gulf International Bank: advising on industrial investment
- International Fertilizer Association (IFA): contributing to sustainable practices
Smart & Sustainable Mining
Al-Mudaifer champions smart mining, integrating:
- AI and IoT to increase efficiency
- Green tech to reduce environmental impact
- Automation for worker safety
His commitment ensures responsible resource development.
Vision 2030 in Action
With the Mining Investment Law, streamlined licensing, and industrial zones like Ras Al Khair, Saudi Arabia is drawing international attention.
Expanding Global Influence
Under Al-Mudaifer’s leadership, Saudi Arabia has formed alliances with:
- China, U.S., and Australia
- Joint ventures in tech transfer and exploration
These partnerships boost the Kingdom’s visibility and competitiveness.
Future Outlook: A Global Mining Hub
Al-Mudaifer envisions Saudi Arabia as a top-tier mining destination:
- Global R&D centers
- Exporting critical minerals for the green economy
- Creating jobs, boosting GDP, and achieving sustainable growth
Conclusion
Eng. Khalid Al-Mudaifer’s visionary leadership is central to Saudi Arabia’s economic transformation. From Ma’aden to the Ministry, his legacy will be one of innovation, industrial growth, and global leadership in mining. As Saudi Arabia unlocks its vast mineral wealth, Al-Mudaifer ensures the journey is both sustainable and globally impactful.