MUSCAT, Oman, May 1, 2025 /PRNewswire/ — Reinforcing its commitment to unlocking the full potential of Oman’s natural resources, Minerals Development Oman (MDO) has signed a strategic partnership agreement with Dev Salt to launch the Naqa Salt Project in Wilayat Mahout – set to become the largest industrial salt production initiative in the region.

Shareholders Agreement to Develop Naqa Salt the Region’s Largest Industrial Salt Production Project Shareholders Agreement to Develop Naqa Salt the Region’s Largest Industrial Salt Production Project

Strategically located in Mahout, Al Wusta Governorate – within MDO’s 51K concession area along the Arabian Sea—the project capitalizes on ideal conditions for solar evaporation. Its proximity to Duqm Port further strengthens its export competitiveness to key global markets, particularly those relying on inputs such as bromine, caustic soda, and soda ash. The project will utilize sustainable, solar-powered evaporation technology to produce high-purity bromine-rich industrial salt.

Eng. Mattar Al Badi, CEO of MDO, added: "Naqa Salt represents a significant step for Oman’s mining sector, establishing the region’s largest facility for high-grade industrial salt production. Leveraging Mahout’s unique natural sabkha formations, the project embodies a forward-thinking, eco-conscious approach to resource development. It reflects our unwavering commitment to sustainable growth and long-term economic and environmental impact.

"With a planned investment of OMR 13.4 million, the project aims to produce 2 million tonnes of industrial salt annually. The evaporation ponds will span approximately 109 square kilometers, yielding salt with up to 99% purity—ideal for vital sectors such as chemicals, oil and gas, logistics, food, and pharmaceuticals. The project is targeting diversified international markets including India, Africa, Europe, and Asia."

Hirendrasingh Jhala, Chairman of Dev Global, commented: "We are honored to partner with MDO on this ambitious and strategically important project. Building on Dev Salt’s expertise in delivering large-scale salt ventures across India and global markets, we are confident in the project’s ability to meet growing demand while supporting industrial resilience and supply chain security in this key sector."

With global demand for industrial salt expected to exceed 372 million tonnes by 2027, the Naqa Salt Project positions Oman as a future-leading producer in the region. Beyond its industrial contributions, the project offers environmental value—its evaporation ponds will create habitats that attract migratory birds and marine life, laying the groundwork for potential eco-tourism development.

Photo – https://mma.prnasia.com/media2/2678012/MDO_Shareholders_Agreement.jpg?p=medium600

 

 

 

Source link

This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network
You May Also Like

XCMG Races Against Time: Heavy Machinery Restores Lifelines in Myanmar-Thailand Earthquake Rescue

Global Construction Leader Deploys Nearly 20 Units of Equipment and 150 Personnel…

NBA star Patty Mills takes ownership in Brisbane Breakers, joins other high profile Australians in backing Major League Pickleball Australia

NBA Champion, Olympic flagbearer and Bronze medalist basketballer Patty Mills joins ownership…

CCD Opens CCD Tokyo, Marking a Key Milestone in Its Global Presence Strategy

TOKYO, June 30, 2025 /PRNewswire/ — On June 23, 2025, Cheng Chung…