By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Gulf PressGulf Press
  • Home
  • Gulf News
    • Saudi Arabia
    • UAE24/7
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • World
  • Business
    • Market DataLive
    • Finance
    • Economy
    • Energy
    • Crypto
    • ForexHot
    • Tech
  • Sports
  • Lifestyle
  • Videos
Search
Countries
  • Saudi Arabia
  • UAE
  • Kuwait
  • Qatar
  • Bahrain
  • Oman
More Topics
  • Technology
  • Health
  • Entertainment
  • Crypto
  • Forex
  • Stocks
Site Links
  • Business Hub
  • Trending
  • Weather
  • Customize Interests
  • Bookmarks
  • Newsletter
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Reading: Oman restarts copper exports after 30 years of absence
Share
Notification Show More
Latest News
The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto
Bitget Protection Fund Maintains Strength with $561 Million Average Value in April 2025
Business Crypto
Aa
Gulf PressGulf Press
Aa
  • Gulf News
  • World
  • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Videos
Search
  • Home
    • Videos
    • Business Hub
    • Trending
  • Gulf
    • Saudi Arabia
    • UAE
    • Kuwait
    • Qatar
    • Bahrain
    • Oman
  • Business
    • Market Data
    • Crypto
    • Economy
    • Energy
    • Finance
    • Forex
    • Tech
  • More News
    • World
    • Lifestyle
    • Entertainment
    • Sports
Have an existing account? Sign In
Follow US
  • Terms
  • Press Release
  • Advertise
  • Contact
© 2023 Gulf Press. All Rights Reserved.
Gulf Press > Gulf > Oman > Oman restarts copper exports after 30 years of absence
Oman

Oman restarts copper exports after 30 years of absence

News Room
Last updated: 2024/12/31 at 10:48 AM
News Room
Share
3 Min Read
SHARE

The Sultanate of Oman is celebrating a major achievement with the export of its first shipment of copper concentrates in 30 years. The shipment, consisting of 900 tonnes of high-quality copper concentrates, departed from the Al-Asail mine in Sohar, North Al Batinah Governorate, via Sohar Port. This milestone highlights Oman’s commitment to economic diversification and sustainable development, showcasing the nation’s ability to transform challenges into growth opportunities. Engineer Matar bin Salem Al-Badi, CEO of Oman Minerals Development Company, expressed excitement for the future of the mining sector in Oman, particularly with the upcoming commencement of operations at the Al-Bayda mine.

Al-Badi emphasized the historical significance of this event, noting the region’s long history of copper mining dating back 3,000 years. He highlighted the importance of technological advancements in exploration and extraction that have enabled the reopening of mines, contributing to the economic and social impact of the sector. The Al-Asail mine, located in concession area 11B in Sohar, is a vital part of Oman Mining Company’s operations, which is a subsidiary of Oman Minerals Development Company. The mine has an average annual production estimated at around 500,000 tonnes of copper ore, with operations at the Al-Bayda mine set to begin in the near future.

The redevelopment plan for both mines aims to target estimated reserves of approximately 2.78 million tonnes of copper ore, with the first phase expected to last four to five years. Ongoing exploration and drilling activities are underway to further expand these reserves, positioning Oman strategically in the global copper concentrate market. With global copper demand on the rise, Oman’s re-entry into the market is a strategic investment for the nation, especially considering the importance of copper in clean energy technologies, electric vehicles, and batteries. Oman Minerals Development Company’s ambitious expansion plans, including the Mazoon Copper Project, aim to solidify the nation’s position as a leader in the mining sector.

The export ceremony of the first shipment of copper concentrates was held under the patronage of His Excellency Mohammed bin Suleiman Al Kindi, Governor of North Al Batinah, with the presence of various dignitaries and representatives from government and private institutions. This event marks a significant moment in Oman’s mining history, showcasing the nation’s ability to leverage its natural resources for economic growth and sustainability. The successful export of copper concentrates signals a new era for Oman’s mining sector, with further developments and expansions on the horizon. The nation’s commitment to innovation, sustainability, and economic growth through the mining industry is evident in this milestone achievement.

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
News Room December 31, 2024
Share this Article
Facebook Twitter Copy Link Print
Previous Article Support from Ministry of Foreign Affairs for Bahraini Citizen Detained in Turkey
Next Article Angelina Jolie and Brad Pitt finalize divorce agreement
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3k Followers Like
69.1k Followers Follow
56.4k Followers Follow
136k Subscribers Subscribe
- Advertisement -
Ad imageAd image

Latest News

The Myriad Redefines Student Living for a Mobile, Urban Generation
UAE May 27, 2025
L’Oréal Paris Welcomes Yasmine Sabri as New Brand Ambassador for the Middle East
Lifestyle May 23, 2025
Roland Garros 2025: A New Era of Viewing, A Tribute to Legends, and Moments to Remember
Sports World May 22, 2025
Bitget Celebrates Bitcoin Pizza Day by Distributing Over 5000 Pizzas in Over 20 Cities Worldwide
Crypto May 22, 2025

You Might also Like

Oman

North Al Batinah reveals extensive Shinas Marine Park spanning 35,000 square meters

January 6, 2025
Oman

Official holiday declared for ROP staff

January 6, 2025
Oman

RAFO’s quick action saves the life of an Omani child

January 6, 2025
Oman

Survey on Non-Communicable Diseases (NCDs) to Improve Healthcare System in Oman

January 6, 2025
Oman

Notification of Pilgrimage Eligibility for Individuals to be Sent via SMS Starting on Tuesday

January 6, 2025
Oman

HM the Sultan awards medals of Royal Commendation and Excellent Service to officers of the Royal Oman Police

January 6, 2025
Oman

His Majesty congratulates the King of Bahrain and the Emir of Kuwait

January 5, 2025
Oman

Undersecretary for Political Affairs meets with UN Special Envoy for Yemen

January 5, 2025
//

Gulf Press is your one-stop website for the latest news and updates about Arabian Gulf and the world, follow us now to get the news that matters to you.

Quick Link

  • Privacy Policy
  • Terms of ue
  • Advertise
  • Contact

How Topics

  • Gulf News
  • International
  • Business
  • Lifestyle

Sign Up for Our Newsletter

Subscribe to our newsletter to get our latest news instantly!

I have read and agree to the terms & conditions
Gulf PressGulf Press
Follow US

© 2023 Gulf Press. All Rights Reserved.

Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

I have read and agree to the terms & conditions
Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?