Ma’aden Nearing Completion of Phosphate 3 Expansion
Saudi Arabia’s national mining champion Saudi Arabian Mining Company Ma’aden has completed utilities commissioning on a USD 900 million ammonia plant in Ras Al-Khair industrial City. Construction completion is expected in the fourth quarter 2021. The ammonia plant is the first project in the USD 6.4 billion ‘Phosphate 3’ expansion to Ma’aden’s phosphate fertilizer portfolio, which encompasses the full mine-to-market development process of phosphate fertilizers. The ‘Phosphate 3’ expansion will add 3 million tonnes of phosphate fertilizer production capacity to Ma’aden portfolio, bringing that to a total production capacity of more than 9 million tonnes. This will make Ma’aden one of the top three global phosphate fertilizer producers and Saudi Arabia the second largest phosphate fertilizer exporter worldwide.
Ma’aden began commercial production of fertilizers in 2011 and has since become one of the top three largest producers of phosphate fertilizers globally, catering to the biggest fertilizer markets and meeting the food requirements of hundreds of millions of people. Ma’aden is committed to empowering farmers by providing high quality products that improve crop quality and yield and supporting Saudi Arabia’s contribution to achieving global food security in line with the UN’s Sustainable Development Goals.
Ma’aden’s mine-to-market phosphate business consists of three mega projects in Saudi Arabia: Wa’ad Al Shamal – the center of the Saudi phosphate industry; Ras Al Khair, a phosphate and bauxite processing superhub; and Phosphate 3. In 2019, Ma’aden expanded the reach of its phosphate business in sub-Saharan Africa through the acquisition of fertilizer distribution company Meridian Group, enabling faster and better service for local customers in Africa.