A Copper and Gold project in Wilayat of Yanqul in Ad Dhahirah governorate with an area of about 370 KM2. It is 260 km far from Muscat and 140 km from Suhar. The project consists of five copper and gold mines which occupy 10% of the total area.
This project aims to extract salt from seawater in Wilayat of Mahout, about 170 km from Duqm. The project focuses on producing high purity salt to be exploited in various ways including exporting to regional and international markets, used in downstream chemical projects, and applied in other industrial applications. The plan is to build salt evaporation ponds that can produce about 1.5 million tons of raw salt annually.
In September 2021, MDO announced the commencement of commercial operations of Ahjaar project in Wilayat of Liwa in Al Batinah North governorate with a production capacity of 2.4 million tons of gabbro annually. Since obtaining the exploration license, the Company has conducted geological and economic feasibility studies that revealed a recoverable amount of about 211 million tons of gabbro in a mine life of about 50 years, covering an area of 2.2 KM2. Purchase agreements were also signed for 2.4 million tons of gabbro. The shareholders have ambitious plans to increase production to reach 5 million tons in the next phase.
This project aims at developing a plant for the mass production and export of cement grade limestone to international markets through Duqm port. This step represents a remarkable leap in overcoming the challenges resulting from the deceleration in construction activities in The Special Economic Zone at Duqm.
The initial feasibility study conducted by MDO revealed a recoverable amount of about 15 million tons of high-purity limestone in its concession area in Wadi Al-Jizzi. About one million tons of material will be produced annually, which will serve the steel plants as well as other customers in Al Batinah governorate.
This project aims to develop a plant for aluminum wheels manufacturing in Sohar Industrial City with a production capacity of 2.1 million tons, as the first plant to produce high-quality aluminum wheels for vehicles in the Sultanate, in partnership between several local, international companies and other government entities.
As a part of the OIA’s efforts to restructure some of the government assets, the ownership of Oman Mining Company was transferred to MDO 100%.
MDO owns 20% of the Kunooz Oman Holding Company’s shares.
MDO owns 25.4% of the Oman Chromite Company SAOG shares.
MDO has signed a partnership agreement to develop a titanium dioxide production plant in the Sohar Free Zone on an area of more than 120,000 square meters, with a capacity of 150,000 tons per year, and a cost of RO 43 million. The project is expected to provide more than 300 job opportunity. Under the agreement, MDO will own 35% of the project shares, while the remaining shares will be owned by strategic partners, most notably Stork International, a leading company in field of manufacturing products related to titanium dioxide, which is mainly used in pigment industry.
All copyrights are preserved to Minerals Development Oman SAOC 2022