Saudi Ma'aden Announces Export of 1st Shipments of Low-carbon Blue Ammonia to China

Ma’aden signed an agreement to supply 25,000 tons of blue ammonia to China's Shenghong Petrochemicals and the first shipment left on Thursday
Ma’aden signed an agreement to supply 25,000 tons of blue ammonia to China's Shenghong Petrochemicals and the first shipment left on Thursday
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Saudi Ma'aden Announces Export of 1st Shipments of Low-carbon Blue Ammonia to China

Ma’aden signed an agreement to supply 25,000 tons of blue ammonia to China's Shenghong Petrochemicals and the first shipment left on Thursday
Ma’aden signed an agreement to supply 25,000 tons of blue ammonia to China's Shenghong Petrochemicals and the first shipment left on Thursday

Saudi Arabian mining company Ma'aden has announced that it has exported its first shipments of low-carbon blue ammonia to China, according to a statement.

Ma’aden signed an agreement to supply 25,000 tons of blue ammonia to China's Shenghong Petrochemicals and the first shipment left on Thursday from Saudi's Ras Al Khair port, the statement said.

Ma’aden is the world’s largest exporter of blue ammonia, having received certification to produce it in 2022.

Ma’aden is shipping over 138,000 tons of blue ammonia products to the world’s largest markets including South Korea, China, Japan, India, Thailand, and the European Union, establishing a major footprint in global efforts to green industrial value chains.

Ma’aden’s investment in blue ammonia is helping to cut emissions of an essential component in global industrial supply chains, used widely in fertilizer and food production, industrial sectors, and petrochemicals.

Ma’aden’s ambitious program of exports signals Saudi Arabia’s growing activity in global critical minerals value chains, in line with the country’s Vision 2030 objectives to make mining and minerals the third pillar of the Kingdom’s economy.

Through investment in innovative and sustainable production methods such as blue ammonia, Ma’aden is helping to cut industrial carbon emissions and power the global energy transition. Sustainability is a core component of Ma’aden’s growth strategy, with the goal of achieving carbon neutrality across the organization by 2050.



Vale Partners with China’s Jinnan Steel to Build Iron Ore Processing Plant in Oman

The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)
The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)
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Vale Partners with China’s Jinnan Steel to Build Iron Ore Processing Plant in Oman

The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)
The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. (Reuters)

Brazilian miner Vale, one of the world's largest iron ore producers, said on Monday it had partnered with China's Jinnan Steel Group to build an iron ore beneficiation plant in Oman to produce high quality pellet.

With the front-end investment exceeding $600 million, the plant, which will be located in Oman's Sohar port and free trade zone, will provide higher quality iron ore for producing pellet and hot briquetted iron (HBI) locally, reducing environmental impact, Vale said in a statement on its WeChat account.

The Sohar plant is scheduled to start commissioning in mid-2027, processing 18 million metric tons of iron ore annually to produce 12.6 million tons of high grade concentrate, it said.

"We are strengthening our capability to meet rising global demand for high grade iron ore and further expand our exposure in the Middle East region," said Gustavo Pimenta, chief executive officer (CEO) at Vale.

Vale will invest $227 million for the connection of the beneficiation plant and the pellet and HBI production facility while Jinnan Steel, a private steelmaker headquartered in north China's Shanxi province, will invest about $400 million for the building and the operation of the plant.

Vale did not disclose the equity share held by each party.