Logo of United Mining Industries Co.
United Mining Industries Co. obtained a small mine license to explore high-grade silica sand ore in the silica sand ore complex No. 1, Tayma Governate, Tabuk.
In a Tadawul statement, the company said the license with number 144669 was issued on Jan. 26, 2025, and will be valid until Jan. 25, 2035. It spans a total area of 0.99 square km.
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The license aims to support the company's future and expansion plans in the mining sector, the statement said, adding that work is currently underway to study several new products to enhance the company's operational capabilities.
Any updates related to this license and the financial impact will be announced in due course.
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