His Royal Highness Prince Faisal bin Khalid bin Sultan bin Abdulaziz, Governor of the Northern Borders Region, inaugurated several development and investment projects in Waad Al Shamal Mining Industries City. The inauguration was attended by His Excellency the Minister of Industry and Mineral Resources, Mr. Bandar bin Ibrahim Al-Khorayef, His Excellency the Deputy Minister for Mining Affairs, Engineer Khalid bin Saleh Al-Mudaifer, and a number of leaders from the public and private sectors.
Among the inaugurated projects was the commencement of construction on the Ma'aden Phosphate 3 project, with investments estimated at SAR 28 billion. This project is one of the largest mining projects in the Kingdom and is supported by the Partner Program Center. The project aims to increase the Kingdom's phosphate production capacity to 9 million tons annually through the integration of its operations with the Phosphate 1 and Phosphate 2 projects. It will contribute to strengthening industrial supply chains and creating investment opportunities in the mining sector.
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