“AMAC”: Stopping the zinc and copper processing plant for 16 weeks
The Great Factories Mining Company (AMAC) announced a temporary suspension of the processing of basic metals for zinc and copper concentrates through the processing plant, for a period of approximately 16 weeks, starting today, Thursday, January 22, 2026.
The company explained in a statement on: "Saudi Arabia trading"Today, Thursday, this suspension does not include the precious metals processing department, nor the basic metals processing plant in the Ma’id plant, nor the precious metals processing plant in the Qayan plant, as all of them will continue to operate at full operational capacity during this period.
This temporary suspension comes in line with the company’s business plan for the year 2026, and will contribute to improving and achieving long-term optimal utilization of ore production in the Sada, Hoora, and Ma’id reservoir, which collectively represent the underground mining mine in the Ma’id plant. For basic and precious metals.
The financial impact will depend on the actual duration of the processing postponement period and the average selling prices of metals, and this impact will be reflected in the financial results for the first and second quarters of 2026.
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