# 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.

- Type: Contract
- Announced: 2019-04-30
- Where: Central Arabian gold region, Saudi Arabia
- Value: $605.0M (540.0M EUR)
- Status: announced
- Capacity: 4 Mt/y throughput, 250,000 oz/y gold
- Products: gold processing plant, mineral concentrator
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Larsen & Toubro](https://endata.com/companies/263.md) (partner)
- [Outotec](https://endata.com/companies/776.md) (supplier)
- [Ma'aden](https://endata.com/companies/4377.md) (customer)

## Sources

- [im-mining.com](https://im-mining.com/2019/04/30/maaden-chooses-outotec-process-equipment-saudi-arabia-gold-project/), 2019-04-30: "We are extremely pleased with this significant order and continued cooperation with Ma’aden that is growing to be a global mining company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.