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Ma'aden Unit, Sabic Agri-Nutrients Partner to Explore Fertilizer Value Chain Opportunities

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Saudi Arabian Mining Co. (SASE:1211), d/b/a Ma'aden, unit Maaden Integrated Fertilizer and Sabic Agri-Nutrients (SASE:2020) will collaborate on exploring opportunities across fertilizers and the integrated agri-nutrients value chain.

Under the three-year memorandum of understanding, the companies will establish a framework to develop and invest in the segments, including the production and manufacturing of value-added products, according to a Tuesday release.

A firm deal would require technical and commercial evaluations, regulatory approvals and a final investment decision.

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