Ma’aden signs 2-year LCS contract with Metso for its gold processing plant

By Arya M Nair, Official Reporter
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Ma'aden_Metso partnership

Ma’aden Gold and Base Metals (MBGM), a wholly-owned subsidiary of Saudi Arabian Mining Company (Ma’aden) and Metso, a Finnish industrial machinery company, have signed a two-year Life Cycle Services (LCS) contract for Ma’aden’s new gold processing plant at the Mansourah & Massarah site.

Metso will support the customer in commissioning, ramping up and optimizing the new greenfield site, covering both maintenance and plant operations. Other elements of the agreement are field services and recommendations for wear and spare parts management, and advisory and training services.

The agreement demonstrates Metso’s service expertise, and it is an important continuation of the greenfield mineral concentrator and gold processing plant agreement signed in 2019. The value of the order is not disclosed, the first part of the contract has been booked in the Minerals segment’s second-quarter 2023 orders received. The customer has the option to extend the contract by one year.

Duncan Bradford_Maaden & Metso partnership
Duncan Bradford
Executive VP

“We aim to lift the productivity of the new plant to the target level, strengthen the skills of our Saudi employees, and achieve our production and safety targets. The new plant will use three different methods of gold processing, including the first autoclave in Saudi Arabia, this requires a lot of know-how and proactive planning for trouble-free operation and maximum productivity. Metso already has a comprehensive range of key equipment for the plant flowsheet, and we will be able to benefit from Metso’s technological and service expertise.”

“We are very delighted with the customer’s continued trust in Metso. By choosing Metso’s Life Cycle Services contract, Ma’aden will receive comprehensive and top-notch service solutions as well as on-site technical expertise and support. We are committed to safety and sustainability objectives and will work with and support the customer in achieving their operational objectives. We are also committed to strengthening our service capabilities in the region to serve the growing customer base,” said Mr. Kamal Pahuja, President Middle East and India market area, Metso. 

Metso’s experts will work together with the customer’s personnel. As part of its commitment to developing the local community, Ma’aden employs a local workforce whose capabilities development is an important part of the service contract.

“Metso provides comprehensive Life Cycle Services programs for its customers. We support customers in ensuring safety and environmental performance, improving reliability and production for resource efficiency, as well as optimizing the total cost of ownership. Read more about Life Cycle Services for mining customers on our website,” added Mr. Bradford.

Related: Ma’aden to acquire Ivanhoe Electric for mineral sites exploration programs