Metso Outotec and thyssenkrupp Uhde have signed a Memorandum of Understanding with Ma'aden in Saudi Arabia for developing a novel circular concept to improve the sustainability of Ma'aden's phosphate operations.

The aim is to design a groundbreaking integrated complex for processing of phosphogypsum, a waste by-product from phosphoric acid production, to reduce the amount of solid waste and allow the capture of CO2 emissions. The new circular process will be incorporated into Ma'aden's phosphate operations to support the company in achieving their ambitious sustainability goals aligned with the Kingdom's objectives.

'We are honored to be part of this unique initiative. Decarbonization and circularity are relevant for all industries, and the new concept to be developed for phosphogypsum processing will be a major step forward in the fertilizer industry, contributing to efforts limiting global warming,' comments Hannes Storch, Vice President for Metals and Chemicals Processing at Metso Outotec.

For the development of this process, Metso Outotec's extensive know-how and experience in the field of fluid bed and sulfuric acid solutions will be used.

Contact:

Hannes Storch

Vice President

Metals and Chemical Processing

Metso Outotec

Tel: +49 172 688 9027

Email: hannes.storch(at)mogroup.com

Helena Marjaranta

Vice President

Communications and Brand

Metso Outotec

Tel: +358 20 484 3212

Email: helena.marjaranta(at)mogroup.com

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. By improving our customers' energy and water efficiency, increasing their productivity, and reducing environmental risks with our product and process expertise, we are the partner for positive change. Metso Outotec is committed to limiting global warming to 1.5 -degreeC with Science Based Targets.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50 countries and its sales for 2021 were about EUR 4.2 billion. The company is listed on the Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec

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