Saudi Arabian Mining Company (Ma’aden) announced on 1 August that commercial operations have begun at its Ammonia 3 plant in the north eastern industrial city of Ras al-Khair. Construction was completed in February, with Ma’aden announcing at the time that commercial operations were planned to begin in Q3 following test runs.
The Saudi government owns 65.44% of Ma’aden through the PIF sovereign wealth fund, with the remainder listed on the Tadawul stock exchange. (CONTINUED - 379 WORDS)
