Tuesday 2 September 2014
 
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Phosphate

Ma'aden signs $5bn loan for phosphate project

Saudi Arabian Mining Co (Ma'aden) has signed a $5 billion financing deal with commercial banks and a state-owned investment fund to back its $7.5 billion phosphate production project in the kingdom, it said in a statement on Tuesday (July

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Saudi's Ma'aden inks $5bn financing deal

Saudi Arabian Mining Co (Ma'aden) has signed a $5 billion financing deal with commercial banks and a state-owned investment fund to back its $7.5 billion phosphate production project in the kingdom, it said in a statement on Tuesday.

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Aramco to produce unconventional gas for projects

Saudi Aramco plans to produce 200 million cubic feet per day (cfd) of unconventional natural gas by 2018 to supply a new phosphate project and a power plant, an industry source said. Opec member Saudi Arabia aims to develop shale

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Waad Al-Shimal - a 'northern promise' for Saudi

Billboards on the highway outside Turaif, a remote desert town in the far north of Saudi Arabia, foretell a glittering future of glass offices and palm-shaded residential streets. A future that won't rely on Saudi oil. Last we

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Saudi Ma'aden profit trebles on phosphate venture

Saudi Arabian Mining Co (Ma'aden) said its third-quarter net profit more than trebled on the back of contract receipts from a phosphate joint venture, which helped offset declines in its gold and other fertiliser businesses. T

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US firm to own 25pc of $7bn Saudi phosphate JV

US-based Mosaic, a top producer of phosphate and potash, will own 25 per cent of a new phosphate production joint venture in Saudi Arabia with Saudi Arabian Mining Company (Ma'aden) and Saudi Basic Industries Corporation (Sabic).

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Ma'aden awards $825m deal to Korean firm

Saudi Arabian Mining Co (Ma'aden) has awarded a $825 million contract to South Korea's Daelim Industrial Co to build an ammonia plant in the kingdom, Ma'aden said in a bourse filing on Tuesday.   The

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Saudi Maaden shuts phosphate plant

  Maaden Phosphate Company (MPC) has shut its Diammonium phosphate plant (DAP) at Ras Al Khair in Saudi Arabia after being unable to restart the ammonia plant that feeds it, the company said on Monday.  

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Ma'aden signs $7bn phosphate plant deal

  The Saudi Arabian Mining Company (Ma’aden) has signed an agreement with Sabic and the US-based Mosaic Company to develop a SR26 billion ($7 billion) fully integrated, world-class phosphate production facility in Saudi Ara

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Maaden restarts fertiliser plant

  A subsidiary of Saudi mining firm Maaden restarted a diammonium phosphate (DAP) fertiliser plant in Ras Al-Khair on Saturday after it shut it down for maintenance during a period of low seasonal d

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