Oman will present new mining investment prospects and pursue global collaborations at the International Mining and Resources Conference and Expo (IMARC) in Sydney, Australia, as the Sultanate progresses in its efforts to enhance its minerals industry.
Oman, represented by the Ministry of Energy and Minerals, will announce three mining concession zones spanning a total of 2,062 square kilometers, revealing exploration signals of different metallic ores and industrial rocks.
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Details regarding the concession areas, qualification criteria, tender status, and application processes can be accessed at the Oman Pavilion, Stand K25, as well as through the ministry’s official investment avenues.
The nation's involvement will include Omani mining firms focused on copper, gypsum, chromite, and dolomite, showcasing their expertise and seeking investment, commercial, and technical collaborations with global industry stakeholders.
The delegation from the ministry will feature Mohsin bin Hamad Al Hadhrami, Undersecretary of the Ministry of Energy and Minerals; Dr Salah bin Hafeez Al Dhahab, General Director of Investment; Eng. Raya bint Abdullah Al Abri, Director of Concessions, and Mohammed bin Saleh Al Oraimi, Director of Minerals.
The initiative aligns with Oman Vision 2040, the nation's strategy to diversify its economy, enhance competitive industries, and optimize the economic benefits of national resources.
Oman’s mining investment appeal is bolstered by its varied geology, existing industrial infrastructure, access to global shipping lanes, and regulatory framework for exploration and mining investments. The nation’s mining history traces back to the ancient civilization of Magan, recognized for its copper production and commerce with Mesopotamia.
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Currently, geological structures such as the Samail Ophiolite and sedimentary deposits present opportunities for exploring copper, chromite, nickel-rich laterites, gypsum, limestone, dolomite, marble, silica, and various other minerals.
By taking part in IMARC, Oman seeks to link global mining and exploration firms with local concession holders, service providers, manufacturers, and research organizations. Key focus areas for partnership encompass geological surveys, assessment of mineral resources, ore processing and beneficiation, automation, environmental technologies, workforce training, and increasing market access for mineral products.
The ministry has emphasized responsible resource development as essential, prioritizing occupational health and safety, environmental protection, site rehabilitation, local content, and skills development for the sector’s long-term sustainability. Chances for small and medium enterprises will also be included in initiatives to boost local economic involvement.
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Oman's participation in IMARC is anticipated to offer a global stage to showcase its mineral resources, draw investment, and foster collaborations in exploration, processing, and downstream sectors.