Oman has reached a pivotal moment in its minerals sector with Al Hadeetha Resources LLC announcing the inaugural export of copper concentrate. This landmark event signifies a major breakthrough for both Oman and Al Hadeetha Resources LLC, heralding a new chapter in the nation’s economic diversification efforts.
The ambitious copper project, led by Al Hadeetha Resources LLC, represents a cornerstone of Oman’s strategic plans to broaden its economic base. Situated in Al Washihi – Al Majaza in the North Al Sharqiyah region, the project features cutting-edge mining and processing facilities designed to extract and refine copper ore into high-quality copper concentrate. This initiative not only aims to invigorate the local economy but also positions Oman as a formidable contender in the global copper market.
Sayyid Khalid bin Hamed bin Saif al Busaidy, Chairman of Al Hadeetha Resources, expressed his enthusiasm: “Today is a remarkable day, marking the commencement of a groundbreaking journey for both Oman and our company in the minerals and mining sector. This milestone will significantly contribute to the Sultanate of Oman’s economy in various ways, including creating employment opportunities for Omani citizens, attracting foreign currency, enhancing in-country value, and providing substantial support to local communities.”
The first export of copper concentrate underscores Oman’s dedication to economic diversification and sustainable development. Al Hadeetha Resources LLC remains committed to advancing the minerals sector, fostering national prosperity. This achievement is merely the beginning of a promising future for Oman’s mining industry, poised to deliver substantial economic benefits and growth opportunities.
Oman Observer