MDO Portfolio

Mazoon Mining
  • MDO Ownership 100%
  • Development
  • Upstream

A Copper and Gold project in Wilayat of Yanqul in Ad Dhahirah governorate with an area of about 370 sq.km. It is 260 km far from Muscat and 140 km from Suhar. The project consists of five copper and gold mines which occupy 10% of the total area.

Naqa
  • MDO Ownership 50%
  • Development
  • Upstream

This project aims to extract salt from seawater in Wilayat of Mahout, about 170 km from Duqm region. The project focuses on producing high purity salt to be exploited in various ways including exporting to regional and international markets, used in downstream chemical projects, and applied in other industrial applications. The plan is to build salt evaporation ponds that can produce about 1.5 million tons of raw salt annually.

Ahjaar Mining
  • MDO Ownership 40%
  • Operational
  • Upstream

Ahjaar Mining Company produces gabbro ore through its quarries in the Wilayat of Liwa in Al Batinah North governorate with a production capacity of 2.4 million tons of gabbro annually. Since obtaining the exploration license, the Company has conducted geological and economic feasibility studies that revealed a recoverable amount of about 211 million tons of gabbro in a mine life of about 50 years, covering an area of 2.2 KM2. Purchase agreements were also signed for 2.4 million tons of gabbro. The shareholders have ambitious plans to increase production to reach 5 million tons in the next phase.

Duqm Quarries
  • MDO Ownership 70%
  • Operational
  • Upstream

This project aims at developing a plant for the mass production and export of cement grade limestone to international markets through Duqm port. This step represents a remarkable leap in overcoming the challenges resulting from the deceleration in construction activities in The Special Economic Zone at Duqm.

Wafra Mining
  • MDO Ownership 100%
  • Development
  • Upstream

The initial feasibility study conducted by MDO revealed a recoverable amount of about 15 million tons of high-purity limestone in its concession area in Wadi Al-Jizzi. About one million tons of material will be produced annually, which will serve the steel plants as well as other customers in Al Batinah governorate.

Oman Synergies Casting
  • MDO Ownership 14.8%
  • Operational
  • Downstream

This project aims to develop a plant for aluminum wheels manufacturing in Sohar Industrial City with a production capacity of 2.1 million tons, as the first plant to produce high-quality aluminum wheels for vehicles in the Sultanate, in partnership between several local, international companies and other government entities.

Oman Mining
  • MDO Ownership 100%
  • Development
  • Upstream

As a part of the OIA’s efforts to restructure some of the government assets, the ownership of Oman Mining Company was transferred to MDO 100%.

Kunooz Oman Holding
  • MDO Ownership 20%
  • Operational
  • Upstream

Kunooz Oman Holding was established in January 2014 by merging five subsidiaries and two associate companies in the mining, quarrying, transportation and building materials sectors. The company’s business is concentrated in the production of gypsum, gabbro, limestone and marble ores, in addition to concrete works and the production of building materials. MDO owns 20% of Knooz Oman Holding Company.

Oman Chromite
  • MDO Ownership 25.4%
  • Operational
  • Upstream

Oman Chromite Company is a public shareholding company operating in the mining sector, specifically in the exploration of chromite metal in the Sultanate. The company produces two types of chromite ore, which are refractory and metallic ore. MDO owns 25.4% of Oman Chromite Company.

Sohar Titanium
  • MDO Ownership 35%
  • Development
  • Downstream

MDO pact a deal for joint development of a titanium dioxide production plant by owing 35% of the project in Suhar Free Zone on an area of more than 120,000 square meters, with a production capacity of 150,000 tons per annum. The project is expected to start commercial production by Q1 2025.

 

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