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The ammonia plant is the first project in the $6.4bln ‘Phosphate 3’ expansion to Ma’aden’s phosphate fertiliser portfolio Photo courtesy Ma'aden website Press Release section
Saudi Arabian Mining Company (Maaden) has awarded an Engineering, Procurement and Construction Management (EPCM) services contract to WorleyParsons Arabia and JESA International for the construction of Phase 1 of its Phosphate 3 complex project.
The value of the 42-month contract is 1.043 billion Saudi riyals ($278 million), the mining company said in a statement to the Saudi stock exchange.
When complete, Phosphate 3 will produce 1.5 metric tonnes per year of phosphate fertilisers, the statement said, adding that the integrated production complex will be built in Wa’ad Al Shamal and Ras Al-Khair industrial cities.
In August 2022, Maaden said it expected to complete phases 1 and 2 of its Phosphate 3 complex in 2025 and 2027, respectively.
(Writing by D Madhura; Editing by Anoop Menon)
