New concession area for exploration of mines to be offered by 2023 first quarter

The Ministry of Energy and Minerals reaffirmed that work is underway for preparation of a new concession area for exploration in the mining sector as a step for tendering during the first quarter of the current year.The new concession area targets chromite raw materials, copper, limestone and other raw materials, said Dr. Salah bin Hafidh Al Dhahab, Director General of Investment the Ministry of Energy and Minerals.He added that the ministry is at the final stage of negotiations with specialised companies on a number of concession areas the majority of which focus on potassium chloride and exploration of lithium raw material.