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Maaden awards $922 million contracts for third phosphate fertiliser project

Jan 16, 2025over 1 year ago

Contract Type

contract

RiyadhMining

Description

Saudi Arabian Mining Company (Maaden) has recently awarded three contracts worth 3.5 billion Saudi riyals ($922 million) to construct its third phosphate fertiliser manufacturing project. The contracts include general construction works at Ras Al Khair and Wa’ad Al Shamal, which were awarded to China National Chemical Engineering Company, Sinopec Nanjing Engineering & Construction, and Tekfen Construction and Installation Company.

Company Information

Company

Ma’aden

Location

Riyadh, Riyadh Region, Saudi Arabia

About

Ma’aden, also known as the Saudi Arabian Mining Company, is a leading mining company in Saudi Arabia. It is focused on pursuing regional growth opportunities and aims to expand tenfold by 2040 with the aluminum business as a core contributing factor to that strategy.

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