Nov. 10 at 12:35 PM
$MOS $NTR
Saudi Arabia currently produces around 6 million tons of phosphate a year, with state-controlled mining company Maaden embarking on a
$7.5 billion expansion of capacity to 9 million tons a year by 2027. The kingdom ultimately aims to lift output to 18 million tons a year by 2040, Al Mudaifer said. That would make Saudi Arabia the world’s third-biggest producer, behind China and Morocco.
https://www.semafor.com/article/11/10/2025/saudi-earmarks-15b-to-triple-phosphate-production