The Saudi business recently grew to a market value of $1 billion, through talks with some of the world's biggest miners about teaming up on exploration projects in the Middle Eastern nation.
Chief executive Ines Scotland said six of the "majors" had been looking at joining with Citadel to shore up the early stage Wadi Kamal nickel, copper and platinum exploration licence and the Bari copper and gold prospect.
She would not say who the companies were but said that her definition of a major included her former employer Rio Tinto.
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