
Oman opens first copper waste recycling plant
Oman has inaugurated its first industrial plant dedicated to converting legacy copper mining waste into high-purity copper using renewable energy and eco-friendly technologies — a major step toward green industrialisation and sustainable resource management in line with Oman Vision 2040 goals.
Located in the Wilayat of Suhar, the plant was officially opened on Monday under the auspices of Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion. The launch was attended by ministers, senior officials and business leaders from across Oman's public and private sectors.
Developed by Green Tech Mining and Services, the project is the first of its kind in the country. It was made possible through a strategic partnership between Oman Mining Company and Austria-based BPG Group, with support from the Ministry of Commerce, Industry and Investment Promotion. Total investment exceeds RO 41 million.
The initiative aims to turn environmental liabilities into economic value by reprocessing waste from historical copper mining operations. The first production phase is scheduled to begin in June 2025 with an output capacity of 60 tonnes of copper cathodes per year. By December 2026, capacity is expected to scale to 12,000 tonnes annually — significantly enhancing Oman's footprint in the regional green mining sector.
Dr Saleh bin Said Masan, Under-Secretary of the Ministry of Commerce, Industry and Investment Promotion for Commerce and Industry, described the project as a 'qualitative leap' in Oman's industrial trajectory. 'This plant integrates environmental sustainability with economic diversification and industrial localisation. It reflects our commitment to innovation-led development and cleaner industrial practices.' The project also supports the Oman Industrial Strategy 2040 by boosting value-added production, attracting high-tech investments and localising industries that harness the country's natural resources. Copper cathodes produced at the facility will be classified as sustainably recycled metal — a key asset in global decarbonisation supply chains.
Khalid bin Salim al Qasabi, Director-General of Industry at the ministry, said the plant represents a practical embodiment of the ministry's push to enable advanced industrial projects. 'We worked to ensure streamlined procedures and robust technical standards to bring this facility online. It's a model of regulatory coordination and sustainable investment.' Ernst Grissemann, CEO of BPG Group, highlighted the long-term vision behind the project, which began in 2018. 'The use of renewable energy and the plant's zero-waste approach underlines our dedication to the responsible industry. This facility positions Oman as a regional hub for green transformation in the mining sector.' As Oman seeks to elevate its industrial competitiveness, reduce environmental impact, and create new value chains from existing resources, this project offers a blueprint for scalable, environmentally responsible industrial growth — reinforcing the Sultanate's position in the global transition to sustainable development.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Observer
8 hours ago
- Observer
OJT partners, UTAS graduates feted
MUSSANAH: The University of Technology and Applied Sciences – Al Mussanah (UTAS-Al Mussanah), through its Training and Career Guidance Center, hosted the second graduates gathering and recognition ceremony on June 19. Held under the auspices of Dr Munia bint Mohammed al Farsiyah, Deputy Assistant Vice-Chancellor for E-Systems and Student Services, the event recognised key partner institutions involved in the On-the-Job Training (OJT) Programme for the 2024-2025 academic year. A total of 20 public and private sector institutions were honoured for their support in providing students with practical, real-world training experiences. Notably, the Royal Navy of Oman received special recognition for training over 100 students across the 2023-2024 and 2024-2025 academic years, establishing itself as one of the university's most active OJT partners. The gathering also brought together UTAS graduates currently employed at the Al Mussanah campus. The event provided a vibrant and engaging atmosphere, filled with graduate-led activities and entertainment that encouraged networking and connection among attendees. In her address, Dr Al Farsi lauded the contributions of the partner institutions and stressed the importance of strengthening ties with the labour market to enhance student preparedness and align with the objectives of Oman Vision 2040. The ceremony concluded with the presentation of commemorative plaques and certificates of appreciation, reaffirming the university's commitment to building impactful partnerships and advancing training initiatives in step with national development goals.


Observer
8 hours ago
- Observer
Majlis Ash'shura to host commerce minister on Wednesday
MUSCAT: Majlis Ash'shura will host Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, on Wednesday and Thursday, to deliver his ministry's statement in a public session. This was stated by Shaikh Ahmed bin Mohammed al Nadabi, Secretary-General of Majlis Ash'shura. He said: 'The council will discuss the statement of the Ministry of Commerce, Industry and Investment Promotion at its 13th and 14th regular sessions. The ministry's statement will address six main topics, the two sectors' contribution to the gross domestic product (GDP), the ministry's vision for the future of the industrial sector, the ministry's projects for the 2020-2023 period, an evaluation of free trade agreements, Nazdahir programme and the foreign direct investment (FDI) inflows.' The statement will elaborate on the efforts being made by the ministry to develop digital platforms and national initiatives such as Invest in Oman and evaluate the results of economic agreements signed with GCC countries and other countries, Al Nadabi said. Meanwhile, the Youth and Human Resources Committee of the Majlis Ash'shura on Sunday hosted Mohsin bin Hamad al Hadhrami, Under-Secretary of the Ministry of Energy and Minerals and a number of specialists from the ministry, to discuss the ministry's efforts to empower and develop the national workforce in the energy and minerals sectors. The meeting was chaired by Younis bin Ali al Mandhari, Chairman of the Youth and Human Resources Committee. The Under-Secretary of the Ministry of Energy and Minerals provided an elaborate explanation of the Ministry's role in supporting and developing employment policies, highlighting the most prominent obstacles facing institutions and companies operating in the oil sector and the innovative solutions required for the next phase to enhance employment and Omanisation opportunities in the oil and gas sectors The Committee members were briefed, through a visual presentation by a specialist from the ministry, on the ministry's efforts to enhance Omanisation in companies operating in the oil and gas sector as well as contracting and service companies. The visual presentation also provided an overview of the Energy Sector Human Resources Forum, an important platform for exchanging ideas and experiences and enhancing national competencies.


Observer
8 hours ago
- Observer
Editorial - Income tax to diversify economy, shore up social protection
Oman is on the cusp of a significant shift in its tax landscape with the introduction of a personal income tax (PIT). This move, a first for the Gulf Cooperation Council (GCC) region, aims to diversify the country's revenue streams and reduce its reliance on oil revenues. The introduction of personal income tax in Oman is a strategic move to diversify revenue streams and address economic challenges. While it may present some challenges, it also reflects Oman's commitment to aligning its tax regime with global standards and fostering economic growth. The Personal Income Tax Law, as per Royal Decree No 56/2025, consisting of 76 articles distributed across 16 chapters, stipulates a 5 per cent tax on the taxable income of natural persons whose gross annual income exceeds RO 42,000, derived from specific income types as defined by the law. The law also includes deductions and exemptions accounting for social considerations in the Sultanate of Oman, such as education, healthcare, inheritance, zakat, donations, primary housing and other factors. The Tax Authority said that the Personal Income Tax Law complements the tax system in line with Oman's economic and social conditions and aligns with the role assigned to the Tax Authority. It also contributes to the objectives of 'Oman Vision 2040' by diversifying income sources and reducing reliance on oil revenues, with targets of 15 per cent of GDP by 2030 and 18 per cent by 2040. Additionally, the tax aims to promote wealth redistribution among societal segments, enhancing social justice, while supporting the state budget and specifically financing part of the social protection system. The implementation follows an in-depth study assessing its economic and social impact, with approximately 99 per cent of Oman's population expected to be exempt. The executive regulations of the law will be issued within a year of its publication in the Official Gazette. An electronic system has been developed to promote voluntary compliance, linked with relevant departments for accurate income calculation and verification. The initial plans for an income tax were announced in 2020. The draft proposals suggested a tax rate ranging from 5 per cent to 9 per cent for Omani citizens and expatriates. However, the implementation date has been repeatedly postponed. With all necessary preparations and requirements for implementing the tax completed, the executive regulations of the law will be issued within one year of its publication in the Official Gazette. An electronic system has been developed by the Tax Authority to promote voluntary compliance and has been linked with the departments concerned to ensure accurate income calculation and verification of tax declarations. The Tax Authority has also strengthened its workforce through specialised training programmes in line with the tax implementation requirements. Additionally, guidance manuals for natural and legal persons will be published according to a predetermined schedule. Oman's move to introduce a personal income tax sets it apart from other GCC countries, which currently do not have a personal income tax. While Oman is introducing a personal income tax, it already has a corporate tax framework in place. The standard income tax rate for businesses is 15 per cent. However, small and medium enterprises (SMEs) meeting specific criteria can benefit from a reduced tax rate of 3 per cent. Special provisions apply to the petroleum sector, with a tax rate of 55 per cent.