Perspective
02 July 2014
Saudi’s Maaden signs phosphate mine financing
Region:
Middle East & Africa
Ma’aden Wa’ad Al-Shamal Phosphate Company (MWSPC), an affiliate of the Saudi Arabian Mining Company (Maaden) has signed loan facilities for a total of SR18.9 billion ($5 billion) to develop MWSPC’s phosphate project which is being constructed at sites in Wa’ad Al Shamal and the existing Ras Al-Khair Industrial City.
