South Korea’s Daelim gets EPC contract for giant Ma’aden phosphate complex
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South Korea’s Daelim gets EPC contract for giant Ma’aden phosphate complex
October 23, 2018

The Saudi Arabian Mining Company (Ma’aden) has awarded South Korea’s Daelim with a $892 million engineering, procurement and construction (EPC) contract to build the first plant in the company’s third large-scale phosphate complex (Phosphate 3). The complex will increase Ma’aden’s phosphate production capacity to 9 Mt, securing the Kingdom’s global position as a top phosphate[…]

Glencore Technology introduces world first 25% performance guarantee
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Glencore Technology introduces world first 25% performance guarantee
October 11, 2018

Glencore Technology have introduced the world’s first 25% performance guarantee, eclipsing the seldom-mentioned 5% performance guarantees offered by some of the world’s major-asset mining technology providers. “Performance guarantees are used quietly to underwrite performance on major assets in a flowsheet like comminution, flotation and leaching. Most are not openly touted as policy and are quietly[…]