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Riyadh – Saudi Arabia, Saudi Arabian Mining Company (Ma’aden) subsidiary Ma’aden Phosphate Company (MPC) has received the ISO Asset Management System (ISO 55001) and ISO Risk Management System (ISO 31000) certifications for its two major complexes, the Integrated Fertilizer Production Complex in Ras Al Khair Industrial City, also the Mine and Plant in Al Jalamid.
The Asset Management System Certification will aid MPC in managing the lifecycle of assets more efficiently and ensure compliance with international safety and performance standards. The Risk Management System Certification will provide the guidelines and framework to handle different categories of risk in both complexes.
Commenting on the announcement, President of Ma’aden Phosphate Company, Abdullah Alajmi, said “We remain committed to playing a key role in boosting crop output and contributing to stable food supplies around the world as part of Saudi Arabia’s contribution to achieving global food security.”
“Successfully adopting these two management systems means that we will be more efficient in fulfilling that commitment and supporting Ma’aden’s long-term strategy, which is driven by operational excellence and asset optimization,” he continued.
Ma’aden is amongst the top three global phosphate fertilizer producers with a current production of approximately 6 million tonnes per year.
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Ma’aden Phosphate Company is a USD 5.6 billion (SAR 21 billion) joint venture under 70% Ma’aden ownership.
Ras Al Khair Industrial City is a multi-commodity industrial city that was built by Ma’aden north of Jubail Industrial City in Saudi Arabia’s Eastern Province. It is home to Ma’aden’s first Integrated Fertilizer Production Complex, which includes a Phosphoric Acid Plant; Sulfuric Acid Plant; Ammonia Plant; Di-Ammonium Phosphate; Granulation Plant and Desalination Plant.
Al Jalamid Phosphate Mine and Beneficiation Plant is in the Northern Province of Saudi Arabia. It produces close to 11.6 million tons of ore annually and processes up to 5 million tons of Concentrated Phosphate Rock per year.
About Ma'aden
Saudi Arabian Mining Company (Ma'aden) was formed by Royal Decree in 1997 to facilitate the development of Saudi Arabia's mineral resources and was originally wholly owned by the Saudi Government before 50% of its shares were floated on the Saudi Stock Exchange (Tadawul) in 2008. Initially Ma'aden's activities focused on expanding its active gold business which now includes five mines and over 15 million ounces gold resources. Ma'aden has also developed its activities beyond gold with the development of Ma'aden Phosphate Company, Ma’aden Aluminium Company and Industrial Minerals. A number of projects are underway to make Ma’aden the third pillar of Saudi Arabia’s economy. For more details visit us at www.maaden.com.sa.
For further information, please contact media@maaden.com.sa
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