Saudi Mining Licenses Reach 2,401 by End of 2024

The Ministry of Industry and Mineral Resources announced that the number of valid mining licenses in Saudi Arabia reached 2,401 by the end of 2024. These licenses cover various categories, including mining, exploration, reconnaissance, building materials quarries, and small mine operations.

 According to the 2024 Mining Sector Indicators Bulletin, issued by the National Industrial and Mining Information Center, the majority of these licenses were granted for building materials quarries (1,481), followed by exploration (642), mining and small mining exploitation (215), reconnaissance (41), and surplus mineral ore extraction (22).

 The bulletin serves as a critical tool for monitoring developments in the mining sector, tracking both existing and newly issued licenses across various regions of the Kingdom. By enhancing transparency and providing accurate data, the initiative supports investors and decision-makers in making informed choices that contribute to the sector’s growth and sustainability.