MINING-

Commercial production kicks off at Al Masane Mine Expansion Project: Al Masane Al Kobra Mining Company (AMAK) successfully completed the Al Masane Mine Expansion Project with the beginning of commercial operations at the Moyeath orebody and related processing plant, according to a disclosure to Tadawul. The new plant has an annual capacity of some 400k tonnes and leverages advanced technologies to increase zinc concentrate output by 80% and copper concentrate output by 40% while lowering production costs. The Moyeath Plant initially started production in March.

INFRASTRUCTURE-

Gov’t receives one bid for the Jubail 4&6 Independent Water Plant: A consortium of AcwaPower, Haji Abdullah Alireza & Co., and Al Sharif Contracting was the sole bidder for the development of the Jubail 4&6 Independent Water Plant (IWP), which aims to produce 600k cubic meters of potable water a day, according to a statement from the Saudi Water Partnership Co. (SWPC). Commercial operations for the new plant are expected to begin in 1Q 2028.

REMEMBER- SWPC is also weighing bids for its Jubail-Buraydah water pipeline project: A consortium featuring Aljomaih Energy and Water Company, Buhur for Investment Company, and Nesma and another one comprising Vision Invest and Taqa are in the running for the 587-km water pipeline which will have a transmission capacity of 650k cubic meter per day, and is scheduled to come online in 1Q 2029.

Kindasa extends lease of desalination plant at Jeddah Islamic Port: Potable water distribution firm Kindasa Water Services renewed its lease with the Saudi Port Authority (Mawani) for its desalination plant at the Jeddah Islamic Port for 10 years through November 2041, according to a statement (pdf) from Kindasa’s parent company Sustainable Infrastructure Holding Co.

EDUCATION-

Danfoss partners with Imam Mohamed bin Saud University for research, educational projects: The Saudi arm of industrial equipment supplier Danfoss and Imam Mohamed bin Saud University signed an MoU to collaborate on research and educational programs, according to a statement from Danfoss Saudi Arabia. The agreement will facilitate joint research projects, conferences, seminars, and workshops while promoting the exchange of knowledge and digital resources. It will also cover programs to improve institutional performance and faculty member development.

DEBT WATCH-

Fesh Fash to get SAR 4.7 mn loan from SIDF: Nomu-listed snackmaker Fesh Fash received the green light from the Saudi Industrial Development Fund (SIDF) on a SAR 4.7 mn loan, according to a filing to Tadawul. The eight-year funding will cover 50% of the cost of a SAR 9.7 mn revamping plan for upgrading production lines, machines, and facilities.

CONSTRUCTION-

Chinese state-owned contractor awarded EPC contract for Aramco’s staff housing complexes: China’s state-owned Shaanxi Construction Engineering Group (also known as Top International Engineering Corporation) was awarded a SAR 1.5 bn engineering, procurement, and construction (EPC) contract for Aramco’s new staff housing complexes, according to Trade Arabia.

The contract for the Haradh and Wudaihi complexes was awarded by Lamar Holding and Asyad Group, the primary developers of the project, which is set to house 2.8k Aramco staff members.

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