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World News and Views :: Projects

Ma'aden awards contracts for massive new phosphate complex in Saudi Arabia

3:36 AM MST | December 3, 2012 | Natasha Alperowicz

Saudi Arabian Mining Co. (Ma’aden; Al Jubail, Saudi Arabia) is going ahead with previously announced plans to develop a large phosphate industry in the north of Saudi Arabia at a cost of 26 billion Saudi riyals ($6.9 billion). The company has awarded three contracts valued at $260 million, which will lead to the establishment of the North Promise Industrial Mineral City for Mining Industries, part of the King Abdullah Project.     Fluor has been awarded a $198.6-million contract to provide project management consultancy (PMC)...

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