Al-Khodari wins $170 mln contract from Ma’aden Phosphate

12/02/2015 Argaam

Abdullah A. M. Al-Khodari Sons Co. has been awarded with the contracting gig for the Well Field Package project by Ma’aden Waad Al Shamal Phosphate Co., a subsidiary of Saudi Arabian Mining Co. (Ma’aden).

The term of the $170 million contract will be duly revealed, the company said in a bourse statement.

The financial impact of the project will be reflected in first quarter 2015 financial statements.

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