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Oman Revitalizes Copper Mining to Diversify Beyond Oil...
22 Sep, 2025 13:31 438 min read
Oman is revitalizing its mining sector as a cornerstone of its Vision 2040 economic diversification, with copper production as a strategic priority. This new strategy, a shift from past failed models, focuses on exporting copper concentrate to efficiently tap global demand, leveraging Oman's geographic advantage as a mid-tier supplier. Key projects like the reopened Lasail Mine and upcoming Al-Bayda and Mazoon mines could elevate Oman to the 33rd largest global copper producer by 2030. Despite progress, challenges such as streamlining regulations and the need for major new exploration discoveries to extend the life of its known reserves remain critical for long-term success.... More