
Saudi Arabian Mining Company (Ma’aden) reported third-quarter revenue up 11.3% year over year to SAR11.14 billion, while net profit fell 23.7% to SAR1.68 billion. Higher raw-material costs, record sulfur prices and weaker phosphate margins weighed on earnings, although stronger aluminium and gold performance partly offset the pressure.
Record sulfur costs raise phosphate production expenses and can constrain fertilizer output, lending support to phosphate fertilizer prices. The impact is meaningful but the report describes company earnings rather than a new supply disruption.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.