Thursday 28 March 2024
 
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Phosphate

Ma'aden reports first export from phosphate unit

Saudi Arabian Mining Company (Ma'aden) has completed the export of the first phosphate fertiliser production by its subsidiary Wa’ad Al-Shamal Phosphate Company, said a report. This first quantity was transferred by Al-S

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Ma'aden reports first export from phosphate unit

Saudi Arabian Mining Company (Ma'aden) has completed the export of the first phosphate fertiliser production by its subsidiary Wa’ad Al-Shamal Phosphate Company, said a report. This first quantity was transferred by Al-S

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Ma'aden unit to borrow $1bn from state fund

A subsidiary of Saudi Arabian Mining Co (Ma'aden) will borrow SR4 billion ($1.07 billion) in construction loans from a state-backed agency, the parent firm said on Thursday.   Ma'aden, the Gulf's larg

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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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