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Ma'aden, Alcoa start ops at $10.8bn aluminium plantSaudi Arabian Mining Company (Ma'aden) said on Monday its $10.8 billion joint aluminium smelter with US-based Alcoa has started commercial operations. The aluminium plant at Ras al-Khair, on the Gulf coast of the kingdom, had More… |
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Ma'aden awards $2.25bn phosphate project workSaudi Arabian Mining Company (Ma'aden) has awarded three contracts worth a combined SR8.46 billion ($2.26 billion) to Canadian and Asian companies concerning its new phosphate mining and production project, it said on Monday. More… |
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Ma'aden awards $2.25bn phosphate project workSaudi Arabian Mining Company (Ma'aden) has awarded three contracts worth a combined SR8.46 billion ($2.26 billion) to Canadian and Asian companies concerning its new phosphate mining and production project, it said on Monday. More… |
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Saudi Maaden Q4 net profit surges 45pcSaudi Arabian Mining Company (Maaden) posted a forecast-beating 45 per cent increase in its fourth-quarter net profit after it began production of ammonia and di-ammonium phosphate, it said in a bourse statement on Sunday. The sta More… |
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Maaden to invest $5.6bn in phosphate projectState-controlled Saudi Arabian Mining Company (Maaden) plans to invest SR21 billion ($5.6 billion) in a phosphate project as part of a new industrial city in the country's north, the company's chief executive was quoted by Saudi state medi More… |
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Saudi Maaden inks $1bn finance dealSaudi Arabian Mining Company (Maaden) said its subsidiary Bauxite and Alumina Company has signed a SR 3.75 billion ($1 billion) financing agreement with the Public Investment Fund (PIF) for the second phase of its aluminium project. The se More… |
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Sabic, Maaden JV starts initial productionSaudi Arabian Mining Company (Maaden) said its phosphate joint venture with Saudi Basic Industries Corp (Sabic) has begun initial production at the new plant. 'Maaden today announces that Maaden Phosphate Company (MPC) started ini More… |
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Maaden gold sale volume falls 12pcSaudi Arabian Mining Company's (Maaden) gold sale volumes fell 12.3 per cent to 128,000 ounces in 2008, the company said on Wednesday. The sales volumes for gold were 146,000 ounces in 2007, Maaden said. The average selling price for its g More… |
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ME capital markets perform betterMiddle East markets resisted the dramatic global downturn in the IPO market by raising $3.61 billion in the third quarter of 2008 from 12 initial public offerings (IPOs) compared to $4.72 billion from 13 IPOs in the second quarter of 2008. More… |
Samsung Eng wins Saudi orderSouth Korea's Samsung Engineering & Construction said it had won a 636.5 billion won ($691.7 million) order to build an ammonia facility for Saudi Arabian Mining Company. Samsung said it would build the facility by December 2010. More… |
