AMAK Resumes Al Masane Plant Operations After 16-Week Shutdown

AMAK

AMAK

1322.SA

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Almasane Alkobra Mining Company (AMAK) announced on May 13, 2026 the resumption of operations at its Al Masane Process Plant (ALM) for base metals processing, including zinc and copper concentrates, effective the same date. The plant had been temporarily shut down for 16 weeks starting January 22, 2026, as previously announced. The resumption aligns with the company's 2026 business plan to optimize long-term utilization of ore production from Saadah, Al Houra, and Moyeath orebodies at the underground mining complex. The financial impact of both the shutdown period and resumption will depend on average metal selling prices and will be reflected in the second quarter 2026 financial results.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=95341&anCat=1&cs=1322&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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