Obeikan Glass manufacturing facility
Obeikan Glass Co. said it obtained a small mine license for high-grade silica sand exploitation from the Ministry of Industry and Mineral Resources at the Silica Sand Ore Complex No. 1 in Tayma Governorate, Tabuk Region.
In a statement to Tadawul, Obeikan Glass added that license No. 1446610 was obtained on March 4 for a total area of 0.99 square kilometers. The license will expire on July 28, 2044.
The new license is expected to secure the company’s primary raw material needs, without any interruptions.
Further updates regarding this license and its financial impact will be announced as soon as available.
Be the first to comment
Comments Analysis: