Our Story

Built from the
ground up —
since 1998

Alfadfadah Factory was founded in Riyadh in 1998, born from a singular conviction: that precious metals — in all their forms — deserve to be handled with the same discipline they hold in value. What began as a focused operation in silver recovery has evolved into one of the Kingdom's most capable and trusted precious metals facilities.

Over more than two decades, we have built every part of our operation from the ground up — our refining processes, our manufacturing capabilities, our industry relationships — always guided by an uncompromising commitment to purity, precision, and responsibility.

Today, Alfadfadah Factory spans the full cycle of precious metals: from recovering traces from industrial waste, to refining gold and silver to 99.99% purity, to minting and distributing bullion through our trading arm, Naya Gold Bars.

How We Got Here
1998
Founded in Silver
Operations began in Riyadh with a focus on silver recovery and refining — the foundation everything else was built on.
Early
2000s
Expansion into Gold & PGMs
Capabilities extended to include gold and platinum group metals — growing from a single-metal operation into a full precious metals facility.
2010s
Industrial Partnerships
Became the Kingdom's pioneer in spent catalyst trade and factory waste recovery — forming long-term relationships with Saudi petrochemical and industrial facilities.
2020s
Naya Gold Bars Established
Our dedicated trading arm was born — extending the factory's output into retail and wholesale bullion sales, nationally and internationally.
Today
Full-Cycle Precious Metals
From raw industrial waste to 99.99% pure bullion — Alfadfadah Factory operates the full precious metals cycle under one roof.
What We Stand For

The principles that
have never
changed

I
Uncompromising Purity
99.99% is not a target — it is the minimum. Every batch refined, every bar cast, every delivery made is held to the same absolute standard.
II
Environmental Responsibility
Precious metals refining carries environmental obligations. We take them seriously — operating processes designed to recover value without creating waste or harm.
III
Industrial Integrity
From the factories we visit to the clients we serve — every engagement is conducted with transparency, precision, and respect for the trust placed in us.
IV
Saudi Expertise
Built, operated, and grown in the Kingdom — our knowledge of the Saudi industrial landscape is one of our most valuable assets, developed over 26 years.
V
End-to-End Capability
We do not specialise in one part of the process — we own the full cycle. From recovery to refining to manufacturing to distribution, under one roof.
VI
Long-Term Relationships
Our clients are not transactions. The factories, traders, and investors who work with us do so for years — because consistency and trust are earned, not promised.
Credentials

Operating to the
highest standards

National Center for Waste Management
Certified by the National Center for Waste Management (MWAN) — the only precious metals factory in the Kingdom of Saudi Arabia to hold this distinction.
KSA Operating Licenses
All required licenses for precious metals refining, manufacturing and trading operations in the Kingdom of Saudi Arabia.
Industrial Waste Handling
Fully authorised to collect, transport and process precious metal-bearing industrial waste from facilities across the Kingdom.
A First in the Kingdom
National Waste Management Certification
Awarded by Saudi Arabia's National Center for Waste Management, this certification recognises Alfadfadah Factory's waste handling, environmental processes and operational standards as meeting the Kingdom's highest benchmarks. No other precious metals facility in KSA holds this distinction.