Logo of Almasane Alkobra Mining Co. (AMAK)
Almasane Alkobra Mining Co. (AMAK) completed the scheduled periodic maintenance for its copper and zinc concentrate processing plants, the company said in a filing to Tadawul.
Accordingly, operations at the Al Masane and Moyeath mine processing plants resumed as planned on Feb. 4.
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During this planned shutdown, the periodic maintenance was successfully carried out in accordance with the scheduled plan, which is expected to have a positive impact on the efficiency and reliability of the plants. This will also support the company's future operational plans.
The relevant financial impact will appear as of Q1 2025, the statement noted. Earlier this year, AMAK announced that the scheduled periodic maintenance shutdown of the Al Masane and Moyeath mine processing plants for five weeks as of Jan. 7.
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