Oman
MDO And Oman Chromite Sign Agreement for Chromite Ore Exploration
Muscat: The Oman Chromite Company has signed an agreement with Minerals Development Oman (MDO) to jointly explore and prospect chromite ore in two exploration sites located in the Governorates of Al Batinah North and Al Buraimi. The two companies confirmed the signing of the exploration agreement through their tweets on Thursday.
Last year, Oman Chromite Company produced the highest quantity of chromite ever. The company produced 45,194 tons of chromite ore during 2021 compared to a production amount of 10,597 tons in 2020, a sharp increase of 426 percent.
The increase in production was achieved as a result of the company’s efforts in developing its exploration and extraction activities and as a result of the commencement of work on the Mahrah mine, for which the mining permit was obtained in June 2021, stated the Oman Chromite Company in its annual financial report.
-
Dossier3 weeks agoDossier, 2026
-
Insurance2 months agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Interviews2 months agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
OER Magazines2 months agoOER, January 26
-
Alamaliktistaad Magazines2 months agoAl-iktisaad, January 26
-
Banking & Finance3 weeks agoNational Finance Unveils Exclusive Ramadan Offers on Auto Financing
-
Banking & Finance3 weeks agoSohar International and Sohar Islamic Supports Over 100 Families in Al Wusta Governorate Through Its ‘Sohar Al Attaa’ Initiative
-
Banking & Finance2 months agoA New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
