The $120m engineering, procurement and construction contract involves the construction of a dedicated power facility for the country’s largest phosphate mine.
The plant will be powered by three turbines, to be supplied by the US’ GE, each with a capacity of about 22MW.
“First power from the plant will come on stream in the second half of 2009, and will be ramped up progressively,” says Steve Wilson, a senior spokesman for the state-owned Saudi Arabian Mining Company (Maaden), one of the partners on the mine development.
The company has identified 534 million tonnes of phosphate rock at Al-Jalamid, and the figure could rise to 2 billion tonnes. Mining is due to begin in late 2009.
The Al-Jalamid mine is part of an integrated fertiliser scheme being developed by Maaden Phosphate Company, a 70:30 joint venture of Saudi Arabian Mining Company (Maaden) and state-owned Saudi Basic Industries Corporation (Sabic).
The $5.6bn scheme includes a series of processing facilities at Ras Al-Zour on the Gulf coast to convert phosphate rock from Al-Jalamid into fertilisers for export.
Meedco is a joint venture of South Korea’s Hyundai Engineering & Construction and local investors.
You might also like...
TotalEnergies to acquire remaining 50% SapuraOMV stake
26 April 2024
Hyundai E&C breaks ground on Jafurah gas project
26 April 2024
Abu Dhabi signs air taxi deals
26 April 2024
Spanish developer to invest in Saudi housing
26 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.