Saudi extends bids deadline for largest mineral belts

Saudi extends bids deadline for largest mineral belts

Via Pramod Kumar in agbi.com: Saudi Arabia has extended the deadline for submitting proposals for exploration licenses for its first mineralised belts. The extension was granted following a request from qualified bidders, seeking more time to complete the procedures, the Ministry of Industry and Mineral Resources said. In November the ministry announced 14 pre-qualified bidders for the five mineralised sites. The proposal submission deadline is now set at January 21, 2025, with the bid opening slated for February 11. The winning companies are set to be announced on February 16. In July, the ministry’s official spokesperson, Jarrah bin Mohammed Al-Jarrah, said that Jabal Sayad and Al-Hajjar are the largest mineralised belt sites – an area containing several mineral deposits.





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