Saudi mining company opens fertilizer terminal in Malawi, strengthening African presence

  • Date: 22-Nov-2021
  • Source: Saudi Gazette
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi mining company opens fertilizer terminal in Malawi, strengthening African presence

RIYADH — Headed by the Senior Vice President of the Phosphate Business Unit, Eng. Hassan Al-Ali, a new milestone has been achieved for Saudi Arabian Mining Company (Ma’aden) and its African subsidiary Meridian Group in Malawi through the opening of a world-class fertilizer terminal in Liwonde. President of the Republic of Malawi Lazarus Chakwera honored the inauguration along with several dignitaries including the Malawian Minister of Finance, the Malawian Minister of Agriculture, Irrigation and Water Development, and other members of parliament. Ma’aden was commended for its investment in the development of the economy of Malawi through the contribution to the establishment of the new fertilizer terminal. The Liwonde Terminal is strategically located on the rail line connecting the Republic of Malawi to the deep-sea port of Nacala in the Republic of Mozambique, allowing for high access to Ma’aden’s fertilizer products across central and southern Africa. The state-of-the-art terminal is equipped with a 15,000 m2 under-roof facility, a 40,000 metric ton (MT) storage capacity, a 2,400 MT per day blending capacity, an annual bagging capacity of 10 million, and a total production capacity of 360,000 MT per year. The terminal is powered by cutting edge technology, including a cloud-based logistics supply