Rifd Metallurgy

Focus on metallurgical industries from mineral resources to high-end products and parts

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Metals account for 24% of Earth mass

Metals account for about two thirds of all the elements and about 24% of the mass of the planet. Metals have useful properties including strength, ductility, high melting points, thermal and electrical conductivity, and toughness

Rifd Industry Company via its Rifd–Metallurgy business sector utilizes the vast and abundance mineral resources in Saudi Arabia as well as the value chain in metallurgy industries to develop and execute business ventures in that metallurgical field.

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Incentives

Saudi Arabia has identified “Mineral and Metal Processing” as one of the five major industrial clusters to drive the development and the diversification of Saudi Arabia economy and meeting KSA 2030 Vision and National Industrial Strategy.

Rifd Industry Company via its Rifd–Metallurgy sector takes the opportunity of government incentives and support as well as the booming in construction activities to invest in various metal processing factories either from raw materials to intermediate products (B2B) or from semi-finished material to final parts (B2C).

Current Projects

A project for producing several thousands tons of “Copper Powder” is under construction stage … the technology was secured from a reputed German company in powder metallurgy …. the main feedstock is sourced locally.  Take-or-Pay agreement has been signed.  All Capex fund has been secured  … phase-1 has been completed and commissioned…. phase-2 is under construction .. SIDF loan has been obtained (60% from total Capex) … expected completion is in Q4 2020.
A project for producing Copper Cathode grade ‘A’  in KSA is undergo … the products are heavily used in many industries in KSA and GCC region. Raw materials are being secured locally and globally. Process technologies are being secured from reputed European firms. FEL-1 completed. The project land has been allocated by the industrial land authority (Royal Commission) with total area of 1.5 million m2 in Yanbu Industrial City, KSA.  Groundbreaking ceremony was held on 20/02/2020. The project is under fund raising stage.
A project for producing special alloy metals and parts is undergo. The raw materials are sourced 100% locally. Business plan completed. Project land is being secured from government authority. The project is under development stage.