Maaden

The Saudi producer is trucking phosphate overland from Ras Al-Khair to load 60,000 tonnes at Duqm after Houthi threats raised Red Sea risk.

Saudi fertilizer producers Sabic Agri-Nutrients and Maaden link up under a 3-year deal targeting value-added products as Sabic eyes 2.6 million metric tons of new urea capacity.

The vessel Mdl Toofan transited the Strait of Hormuz on May 9–10 carrying 55,000t of MAP loaded at Saudi Arabia’s Ras Al-Khair port, bound for Rio Grande, Brazil — only the second phosphate cargo to exit the Gulf since February 28.

India Potash Limited has issued letters of intent to 14 suppliers across Saudi Arabia, Morocco, Egypt, Russia, the U.S., Jordan, and South Korea for 1.3465mt of DAP at $930–935/t cfr.

Saudi Basic Industries Corporation (SABIC) has completed the sale of its 20.62% stake in Aluminum Bahrain (Alba) to the Saudi Arabian Mining Company (Ma’aden).

Mosaic sold its 25% stake in the Ma’aden Wa’ad Al Shamal Phosphate Company (MWSPC) and acquired 111,012,433 shares in Ma’aden, valued at about $1.5 billion.

The MWSPC operates in northern Saudi Arabia with various facilities producing about 3 million tonnes of phosphate fertilizers annually.

The country is exploring strategic moves to ensure the availability of agricultural inputs.

PhosAgro has joined the Arab Fertilizer Association, saying that the decision is in keeping with its mission of ensuring the sustainability of the global food system.

International assessor DNV certifies Saudi firm as world’s top ultra low carbon ammonia producer.

Ma’aden, Metso, and thyssenkrupp Uhde have signed a frame agreement for the development and licensing of a phosphogypsum processing solution.

The Saudi Arabian mining giant grapples with the impact of the Ukraine conflict and other issues.

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