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Maaden signs SR95m deal
- Saudi Arabia: Wednesday, August 19 - 2009 at 10:19
Saudi Arabian Mining Co. (Maaden) has said that it has signed a SR95m contract with Al-Olayan Descon for the construction of a new mineral processing plant in Madinah, the Arab News has reported. The agreement involves the building of mine infrastructure at the Al-Gazalah Magnesite (Magnesium Carbonate) deposit, 160 km southwest of Hail, to extract mineral and supply the plant. Work at both sites will begin as soon as the logistics are in place, Maaden has said.
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