Saudi Arabia: Phosphate Expansion

The Saudi state-controlled company Saudi Arabian Mining Co., known as Ma’aden, obtained government approval to proceed with a $7 billion phosphate project in the country’s north.

Riyadh-based Maaden will build ten plants with an annual production capacity for 16 million tonnes of basic and downstream products, which include phosphoric acid, sulphuric acid, animal feeds like monocalcium phosphate and dicalcium phosphate. The Saudi Ministry of Petroleum & Mineral Resources has allocated the fuel required for the project.

The Saudi Arabian Railway Co. and the Public Investment Fund will build a railway line linking the zone to the rail network.

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