The United Mining Industries Company, listed on the Saudi stock exchange, has received two exploration licenses for gypsum and anhydrite ore from Saudi Arabia’s Ministry of Industry and Mineral Resources.
These licenses are located in the Madinah region, with the first covering 1.147 square kilometers and the second 0.993 square kilometers.
The company plans to undertake comprehensive studies and exploration activities to evaluate the presence of necessary raw materials in these areas.
The financial implications and timeline for these projects will be determined following the completion of these studies. United Mining promises to announce any significant updates regarding the licenses as they become available.
