The joint-venture company aims to initially invest in iron ore, copper, nickel, and lithium as a non-operating partner taking minority equity positions
The kingdom’s sovereign wealth fund signed non-binding memorandums of understanding with five companies
Maaden Waad Al Shamal Phosphate Co. will refinance $2.3bn owed to a syndicate of commercial banks and financial institutions
The company has no plans to cut capital expenditure in response to the coronavirus infection