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Ma'aden awards $825-million ammonia plant contract to Daelim

1:41 AM MDT | July 9, 2013 | Natasha Alperowicz

Saudi Arabian Mining Co. (Ma'aden) announced today that it has awarded a 3.09-billion Saudi riyal ($825 million) contract to Daelim Industrial (Seoul) to build an ammonia plant. The facility will be constructed at Ras Al Khair, Saudi Arabia, as part of Ma’aden’s Waad Al Shamal phosphate project. It will be designed to produce 1.1 million m.t./year of ammonia. Completion is scheduled for late 2016.   The ammonia plant will be the first of several processing plants within the Ma'aden's Waad Al Shamal phosphate project, which aims to establish...

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