◂ Announcements

Apr 30, 2019CONTRACTCentral Arabian gold region, Saudi Arabia

Outotec and Larsen & Toubro win €540M EPC contract for Ma'aden gold plant in Saudi Arabia

Ma'aden has awarded a consortium of Outotec and Larsen & Toubro an engineering, procurement and construction contract to build a greenfield mineral concentrator and gold processing plant in the Central Arabian gold region, with a total project value of around €540 million. Outotec's share is about €140 million.

Value

$605.0M (540.0M EUR)

Status

Announced

Capacity

4 Mt/y throughput, 250,000 oz/y gold

Productsgold processing plantmineral concentrator

CompaniesLarsen & Toubro partner Outotec supplier Ma'aden customer

Sectors#Mining Equipment

“We are extremely pleased with this significant order and continued cooperation with Ma’aden that is growing to be a global mining company.”im-mining.com

1 source
im-mining.comMa’aden chooses Outotec process equipment for Saudi Arabia gold project - International MiningDaniel GleesonApr 30, 2019

Summarized from public sources; check the original articles before acting on it.

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