Maaden building
Saudi Arabian Mining Co. (Maaden) and its African subsidiary Meridian Group in Malawi inaugurated a fertilizer terminal in Liwonde, the company said in a statement.
The Liwonde Terminal is strategically located on the rail line connecting the Republic of Malawi to the deep-sea port of Nacala in the Republic of Zambia, allowing for high access to Maaden’s fertilizer products across central and southern Africa.
The terminal is equipped with a 15,000 square meters (sqm) under-roof facility, a 40,000 metric ton (MT) storage capacity, a 2,400 MT per day blending capacity, an annual bagging capacity of 10 million, and a total production capacity of 360,000 MT per year.
The terminal is powered by cutting edge technology, including a cloud-based logistics supply chain management system and an advanced on-site laboratory for rapid and accurate fertilizer testing. It also uses sustainable and renewable energy solutions to reduce carbon di-oxide emissions.
The terminal is expected to contribute to the growth of Maaden's exports to Africa as it will provide access to a steady supply of high-quality fertilizer to over five million small-hold farmers in the Republics of Malawi and Zambia, and subsequently, improve food security on the African continent.
The terminal will cement Maaden’s strategic position in one of the world’s fastest growing agricultural regions and complement its strategic initiatives in Africa, which include the acquisition of Meridian Group in 2019.
Maaden will continue to focus on enhancing its operations and capitalizing on its capabilities to serve the global phosphate market with value-oriented, globally diversified, and resilient agribusiness products.
The company is a key driver of Saudi Arabia's position as one of the top three global producers and exporters of fertilizers and a key player in the stability of global food security.
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