Thursday 26 March 2015
 
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Saudi Maaden

Ma'aden restarts ammonia plant

Saudi Arabian Mining Company (Ma'aden) said on Sunday that a subsidiary had restarted its ammonia plant after scheduled maintenance. Ma'aden, the Gulf's largest miner, shut the facility in Ras Al Khair, which it shares

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Ma'aden to shut ammonia plant for 30 days

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, said on Wednesday its subsidiary will shut down its ammonia plant from January 23 for about 30 days for scheduled maintenance. The closure of the facility i

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Saudi Maaden swings to Q4 profit

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, posted a fourth-quarter net profit but fell short of analysts' forecasts. Net profit for the three months to December 31 was SR376 million ($100.1 milli

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Maaden awards key Saudi residential city contract

Saudi Arabian Mining Company (Maaden) has signed an engineering, procurement and construction (EPC) contract for the residential infrastructure at the King Abdullah Project for Wa’ad Al Shamal City Development. The contract

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Schneider Electric wins Saudi Maaden deal

Schneider Electric, a global specialist in energy management, has won a deal from Saudi mining company Maaden to supply low voltage switchgear for its phosphate project, said a report. As per the agreement, Schneider Electric will

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Ma'aden slumps to Q4 net loss on lower gold sales

Saudi Arabian Mining Company (Ma'aden), the Gulf's largest miner, slumped to a fourth-quarter net loss as the firm was hit by lower prices for its petrochemical products and gold and lower sales of the precious metal. The

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Ma’aden inks Asia aluminium supply deal

Saudi Mining Company (Ma’aden) said it has sealed key contracts to supply over 300,000 metric tons of aluminum to its Asian customers through 2014, complementing the 50,000 tonnes in supply agreements made with local and Turkey customers.

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Saudi Maaden Q3 income soars on high prices

Saudi Arabian Mining Company (Maaden) reported a forecast-beating third-quarter profit on Wednesday, helped mainly by higher prices of its core products and the start up of big new production lines. The state-controlled minerals f

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ABB wins $24m Saudi Maaden contract

Leading power and automation technology group ABB has won a $24 million contract from Saudi-based Ma’aden Aluminium Company (MAC) to execute a fast-track transmission substation project in the northeast of the Kingdom. The Saudi A

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Maaden plans $6.9bn phosphate complex

Saudi Arabian Mining Company (Maaden) plans to invest SR26 billion ($6.9 billion) for setting up a massive phosphate industry complex in the northern part of the Kingdom, said a report. The company has already earmarked SR21 billion f

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