Ministry of Industry and Mineral Resources (Saudi Arabia)

Ministry of Industry and Mineral Resources issues 124 industrial licenses in January 2023

Retrieved on: 
Wednesday, March 29, 2023

RIYADH, Saudi Arabia, March 29, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources announced the issuance of 124 new industrial licenses during the month of January 2023.

Key Points: 
  • RIYADH, Saudi Arabia, March 29, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources announced the issuance of 124 new industrial licenses during the month of January 2023.
  • The licenses were distributed across five industrial categories, with 29 licenses issued for food manufacturing, 18 licenses issued for non-metallic mineral production, 12 licenses issued for manufacturing chemicals and chemical products, 11 licenses for metal product manufacturing (excluding machinery and equipment), and 8 licenses for the manufacturing of rubber and plastic products.
  • Data from the Ministry also indicated that investments into new licenses for the month of January 2023 amounted to 2.4 billion riyals, with small businesses acquiring 86% of new industrial licenses, medium-sized enterprises 11%, and micro-sized businesses 2.5%.
  • The Ministry of Industry and Mineral Resources regularly releases vital information on industrial and mining activities through the National Center for Industrial and Mining Information.

Ministry of Industry and Mineral Resources issues 124 industrial licenses in January 2023

Retrieved on: 
Wednesday, March 29, 2023

RIYADH, Saudi Arabia, March 29, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources announced the issuance of 124 new industrial licenses during the month of January 2023.

Key Points: 
  • RIYADH, Saudi Arabia, March 29, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources announced the issuance of 124 new industrial licenses during the month of January 2023.
  • The licenses were distributed across five industrial categories, with 29 licenses issued for food manufacturing, 18 licenses issued for non-metallic mineral production, 12 licenses issued for manufacturing chemicals and chemical products, 11 licenses for metal product manufacturing (excluding machinery and equipment), and 8 licenses for the manufacturing of rubber and plastic products.
  • Data from the Ministry also indicated that investments into new licenses for the month of January 2023 amounted to 2.4 billion riyals, with small businesses acquiring 86% of new industrial licenses, medium-sized enterprises 11%, and micro-sized businesses 2.5%.
  • The Ministry of Industry and Mineral Resources regularly releases vital information on industrial and mining activities through the National Center for Industrial and Mining Information.

46 mining licenses issue by Saudi Arabia's Ministry of Industry and Mineral Resources in January 2023

Retrieved on: 
Monday, March 27, 2023

RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.

Key Points: 
  • RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.
  • According to the report the amount of active mining licenses in the sector by the end of January 2023 amounted to 2,230.
  • Taking the lead are quarry licenses for building materials with 1,331 licenses, followed by 647 exploration licenses, 178 small mine exploitation license, 42 reconnaissance licenses, and 32 mineral ores licenses.
  • Saudi Arabia's Mining Investment Law offers six types of mining licenses, ranging from a two-year, five year and twenty-year mineral exploration license to a license to quarry building materials for up to 10 years.

46 mining licenses issue by Saudi Arabia's Ministry of Industry and Mineral Resources in January 2023

Retrieved on: 
Monday, March 27, 2023

RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.

Key Points: 
  • RIYADH, Saudi Arabia, March 27, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources issued 46 new mining licenses during January 2023, including 31 exploration licenses, 14 building materials quarry licenses, and an excess mineral ores license, according to the report of the Ministry's National Center for Industrial and Mining Information.
  • According to the report the amount of active mining licenses in the sector by the end of January 2023 amounted to 2,230.
  • Taking the lead are quarry licenses for building materials with 1,331 licenses, followed by 647 exploration licenses, 178 small mine exploitation license, 42 reconnaissance licenses, and 32 mineral ores licenses.
  • Saudi Arabia's Mining Investment Law offers six types of mining licenses, ranging from a two-year, five year and twenty-year mineral exploration license to a license to quarry building materials for up to 10 years.

Saudi Arabian Ministry of Industry and Mineral Resources Announces Timetable for Licensing of Five Exploration Sites

Retrieved on: 
Wednesday, March 15, 2023

According to the official spokesman of the Ministry of Industry and Mineral Resources, Jarrah bin Muhammad Al-Jarrah, the licensing rounds for Muhaddad and Ar Radainiyah will commence in April 2023.

Key Points: 
  • According to the official spokesman of the Ministry of Industry and Mineral Resources, Jarrah bin Muhammad Al-Jarrah, the licensing rounds for Muhaddad and Ar Radainiyah will commence in April 2023.
  • The winning bidder will receive exploration licenses within three months from the end of the licensing round.
  • Al-Jarrah noted that the timetable for licensing the five sites is indicative and may be subject to change at the Ministry's discretion.
  • The announcement of the licensing round for five exploration sites is part of the Kingdom's Accelerated Exploration Initiative, which was announced earlier in 2022.

Saudi Arabian Ministry of Industry and Mineral Resources Announces Timetable for Licensing of Five Exploration Sites

Retrieved on: 
Wednesday, March 15, 2023

According to the official spokesman of the Ministry of Industry and Mineral Resources, Jarrah bin Muhammad Al-Jarrah, the licensing rounds for Muhaddad and Ar Radainiyah will commence in April 2023.

Key Points: 
  • According to the official spokesman of the Ministry of Industry and Mineral Resources, Jarrah bin Muhammad Al-Jarrah, the licensing rounds for Muhaddad and Ar Radainiyah will commence in April 2023.
  • The winning bidder will receive exploration licenses within three months from the end of the licensing round.
  • Al-Jarrah noted that the timetable for licensing the five sites is indicative and may be subject to change at the Ministry's discretion.
  • The announcement of the licensing round for five exploration sites is part of the Kingdom's Accelerated Exploration Initiative, which was announced earlier in 2022.

Saudi Arabia Ministry of Industry and Mineral Resources Releases December 2022 Monthly Bulletin to Provide Insights into The Kingdom's Industrial and Mining Sectors

Retrieved on: 
Tuesday, March 14, 2023

RIYADH, Saudi Arabia, March 14, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources of Saudi Arabia has released its latest December 2022 Monthly Bulletin of Industry and Mining, aimed at providing key insights into the Kingdom's industrial and mining sectors.

Key Points: 
  • RIYADH, Saudi Arabia, March 14, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources of Saudi Arabia has released its latest December 2022 Monthly Bulletin of Industry and Mining, aimed at providing key insights into the Kingdom's industrial and mining sectors.
  • The bulletin is published monthly and covers the latest developments, trends, and investments in these sectors, proving a vital tool for investors.
  • The Monthly Bulletin of Industry and Mining is part of Saudi Arabia's broader industry and mineral resources strategy.
  • The Monthly Bulletin of Industry and Mining is published by the Ministry of Industry and Mineral Resources and is available on the ministry's website: ( https://mim.gov.sa/newsletters ).

Saudi Arabia Ministry of Industry and Mineral Resources Releases December 2022 Monthly Bulletin to Provide Insights into The Kingdom's Industrial and Mining Sectors

Retrieved on: 
Tuesday, March 14, 2023

RIYADH, Saudi Arabia, March 14, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources of Saudi Arabia has released its latest December 2022 Monthly Bulletin of Industry and Mining, aimed at providing key insights into the Kingdom's industrial and mining sectors.

Key Points: 
  • RIYADH, Saudi Arabia, March 14, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources of Saudi Arabia has released its latest December 2022 Monthly Bulletin of Industry and Mining, aimed at providing key insights into the Kingdom's industrial and mining sectors.
  • The bulletin is published monthly and covers the latest developments, trends, and investments in these sectors, proving a vital tool for investors.
  • The Monthly Bulletin of Industry and Mining is part of Saudi Arabia's broader industry and mineral resources strategy.
  • The Monthly Bulletin of Industry and Mining is published by the Ministry of Industry and Mineral Resources and is available on the ministry's website: ( https://mim.gov.sa/newsletters ).

Saudi Reaffirms Commitment to Bridging Global Divides, Driving Energy Transition, Inclusive Economic Growth at WEF23

Retrieved on: 
Wednesday, January 25, 2023

Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland, last week.

Key Points: 
  • Saudi Arabia reiterated its commitment to build bridges across geopolitical and economic divides at the World Economic Forum (WEF) 2023 Annual Meeting in Davos, Switzerland, last week.
  • The Saudi delegates highlighted the Kingdom's role as a Pioneering Partner in the Forum's Global Collaboration Village, which will leverage the Metaverse to serve the global community.
  • The Saudi Arabian delegation also engaged in a wide range of bilateral meetings, dialogues with global leaders, ministers and CEOs and – for the first time – public panel sessions as part of WEF’s Open Forum.
  • These included discussions with high-level public and private sector representatives from several countries and were an opportunity to share the Kingdom’s vision while exploring potential partnerships and areas of collaboration.

The Ministry of Industry and Mineral Resources closes the second edition of the Future Minerals Forum

Retrieved on: 
Friday, January 13, 2023

RIYADH, Saudi Arabia, Jan. 13, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.

Key Points: 
  • RIYADH, Saudi Arabia, Jan. 13, 2023 /PRNewswire/ -- The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud.
  • HE Alkhorayef said that the success of the Forum was reflected in the ideas, suggestions and discussions presented by all participants from both home and abroad.
  • The Forum witnessed the signing of 60 agreements and Memoranda of Understanding in the field of mining and minerals industry between a number of government agencies, companies and institutions participating.
  • These agreements and Memoranda of Understanding covered mineral exploration, technology, communications, the application of sustainability standards, certification and the industrialization of the mining sector.