Mining
From The Report: Oman 2025
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Oman’s mining sector is undergoing a significant revival, marked by the recent export of copper concentrate for the first time in decades. This milestone highlights the country’s efforts to boost domestic mineral production, focusing on resources such as copper, iron and silica, as well as expanding capacity for materials like limestone and marble. The sector’s development is supported by dedicated oversight and investment, aiming to position Oman as a key supplier in regional and global markets. Its strategic location offers strong potential to meet growing demand from nearby Gulf countries, as well as from major economies like India and China, especially for minerals essential to green energy industries. Oman’s broader goal is to strengthen its role in global supply chains by increasing output and capitalising on shifting international trade dynamics. The mining sector plays a vital part in the country’s diversification strategy, contributing to long-term economic resilience and competitiveness.

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Overview

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In January 2025 Oman exported its first shipment of copper concentrate in 30 years, a major symbolic step in the revitalisation of the sultanate’s mining sector. Government-owned mining company Minerals Development Oman (MDO) is overseeing 12 concession areas to grow domestic production of in-demand minerals such as iron, copper and silica. In addition, MDO is expanding existing production capacity for building materials including limestone and marble. Oman’s geographic location means the mining sector is well-placed to serve the growing needs of neighbouring GCC economies, such as the UAE and Saudi Arabia. The sultanate is also positioned…