Umm Al-Qura Cement gets prospecting license for limestone in Taif
28/12/2021
Argaam
Logo of Umm Al-Qura Cement Co.
Saudi Ministry of Industry and Mineral Resources issued a prospecting license for limestone in Taif to Umm Al-Qura Cement Co., according to a bourse filing.
The license term will extend until Dec. 18, 2022 (Hijri Jumada Al Awwal 24, 1444).
In addition, the license, which will span an area of 23.77 kilometers (km), was issued in accordance with the Kingdom’s New Mining Investment Law.
The Saudi cement producer will undertake the necessary exploratory studies on the new quarry during the statutory period to ensure the availability of the required raw materials, the statement added.
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