Middle East Economic Survey

VOL. LII

No 17

27-Apr-2009

SAUDI ARABIA

Ma'aden Maintains 2010 Start-up Target

The Saudi Arabian Mining Company (Ma'aden) is adhering to its ambitious start-up schedule, despite the exit of prospective partner UK-based Rio Tinto from the $16bn multi-phased mining and minerals development. We are on track for mid-2010 start-up for the fertilizer portion of the project, one Ma'aden source tells MEES. People talk about projects in Saudi Arabia getting delayed, but we are...