Arabian American Development Company

Arabian American Development Company (NASDAQ:ARSD) was organized as a Delaware corportaion in 1967. The Company’s principal business activities include manufacturing various petrochemical products and developing mineral properties in Saudia Arabia and the United States.

ARSD’s mining interests include the ownership and rights for the Al Masane mine in Saudi Arabia that when put into production is expected to produce significant quantities of copper, zinc, gold, and silver. ARSD also owns approximately 55% of the capital stock of a Nevada mining company, Pioche-Ely Valley Mines, Inc. which is currently inoperable.

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