AMAK Completes Expansion of Al Masane Mine (Moyeath Orebody) and Initiates Commercial Production at Full-Capacity
As part of its ongoing commitment to achieving sustainable growth, and in line with its strategic growth plan for 2025, Al Masane Al Kobra Mining Co. (AMAK) has completed the development of the Moyeath underground Zinc and Copper orebody and the Moyeath process plant. The expansion project was inaugurated by Najran Province Prince, His Highness Prince Jalawi bin Abdulaziz bin Musaed, may Allah protect him, on 27/12/1443 AH corresponding to 26/07/2022 AD.
The newly established processing unit, built to the highest global technical and quality standards, significantly improves the efficiency and quality of Zinc and Copper concentrate production. Total concentrate production for the business is expected to increase by approximately 80% for Zinc and 40% for Copper.
Commenting on this achievement, AMAK CEO Eng. Geoff Day, said, “Launched in 2022, this milestone project marks a pivotal achievement in our journey. Today, we proudly celebrate the completion of this expansion project—another value-adding step toward realizing our strategic growth objectives. It stands as a testament to our unwavering commitment to enhancing operational efficiency and unlocking new growth opportunities for the future, in line with the Kingdom’s Vision 2030”.
The improved operational efficiency and additional production capacity was designed to lower production costs, optimize output, and ultimately contribute to stronger margins, positioning the company for sustained growth and financial stability in the coming quarters
The project’s completion aligns with AMAK’s Strategic Growth Plan for 2025, announced earlier this month. This strategy focuses on several key pillars, including enhancing current growth opportunities, expanding existing primary and secondary sites, exploring new business opportunities such as launching a specialized exploration drilling company, acquiring additional exploration tenements, followed by efficiently assessing the new tenements and fast tracking them into development.
