Mining sector to see rapid growth: Saudi Wared CEO

Logo of Saudi Wared Co.

Saudi Wared Co.’s CEO Bandar bin Wadhan expected the mining sector to witness accelerated growth and to benefit the Kingdom and investors, given the unlimited government support as the sector is deemed the third pillar after the oil and petrochemical sectors.

In a call with Argaam, the top executive explained that the company invested in a modern fleet of trucks, heavy equipment and crushers, indicating that it worked to supply and transport more than half a million tons of raw materials to the General Organization for Social Insurance’s (GOSI) Al Ra'idah project in Obhur, Jeddah.

He pointed to the company's annual supply and transportation of almost hundreds of thousands of mineral ores, particularly, those used in building materials. He added that Saudi Wared is keen to work with modern crushers that are compatible with environmental requirements to reduce emissions and waste.

Saudi Wared has been operating since 2007 in Jeddah, where it has extensive experience in the field of mining by dealing with mineral ores such as limestone, sandstone, granite, among others, and providing logistics services and building materials. In addition, it is keen to rehabilitate deteriorating and distorted areas, as well as to treat and recycle rock waste resulting from road opening works in environmentally sound ways, the CEO noted.

He also indicated that the company is engaged in mineral exploration of all kinds. This is along with the evaluation of mineral ores, design of drilling programs, planning of exploration projects, database management and geostatistical analysis, as well as the usage of geochemical, geophysical and engineering research methods, calculating mining reserves and reviewing estimates of mineral materials.

Meanwhile, Saudi Wared has partnerships and alliances with a number of local and international companies with a high degree of efficiency and distinguished technical expertise that support its operations and raise the quality of its services.